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Shares of ResMed Inc. /zigman2/quotes/204675483/composite RMD +0.32% shed 1.72% to $208.61 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.72% falling 2.38% to 4,017.82 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.50% falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. ResMed Inc. closed $92.73 below its 52-week high ($301.34), which the company achieved on September 9th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO -1.01% fell 2.22% to $539.82, Medtronic PLC /zigman2/quotes/206816578/composite MDT -0.42% fell 2.96% to $93.20, and Koninklijke Philips N.V. ADR /zigman2/quotes/200778575/composite PHG -5.39% fell 4.93% to $24.13.true Trading volume (368,720) remained 173,107 below its 50-day average volume of 541,827.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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