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June 14, 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 0.19% to $202.01 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 0.38% to 3,735.48 and Dow Jones Industrial Average (DOW:DJIA) falling 0.50% to 30,364.83. This was the stock's fifth consecutive day of losses. ResMed Inc. closed $99.33 below its 52-week high ($301.34), which the company reached on September 9th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (NYS:TMO) fell 0.81% to $507.45, Medtronic PLC (NYS:MDT) fell 1.87% to $88.48, and Koninklijke Philips N.V. ADR (NYS:PHG) fell 1.40% to $21.84.true Trading volume (641,490) eclipsed its 50-day average volume of 540,063.

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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