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June 10, 2022, 5:18 p.m. EDT

ResMed Inc. stock outperforms competitors despite losses on the day

MarketWatch Automation

Shares of ResMed Inc. (NYS:RMD) slumped 0.05% to $208.51 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 2.91% to 3,900.86 and Dow Jones Industrial Average (DOW:DJIA) falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. ResMed Inc. closed $92.83 below its 52-week high ($301.34), which the company achieved on September 9th.

Despite its losses, the stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (NYS:TMO) fell 2.40% to $526.88, Medtronic PLC (NYS:MDT) fell 0.49% to $92.74, and Koninklijke Philips N.V. ADR (NYS:PHG) fell 3.61% to $23.26.true Trading volume (579,374) eclipsed its 50-day average volume of 539,438.

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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