Shares of ResMed Inc. /zigman2/quotes/204675483/composite RMD +1.30% advanced 4.22% to $211.26 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.16% rising 1.84% to 4,176.82 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.23% rising 1.33% to 33,248.28. The stock's rise snapped a two-day losing streak. ResMed Inc. closed $90.08 below its 52-week high ($301.34), which the company achieved on September 9th.
The stock outperformed some of its competitors Thursday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.04% rose 2.50% to $570.10, Medtronic PLC /zigman2/quotes/206816578/composite MDT +0.08% rose 0.74% to $98.50, and Koninklijke Philips N.V. ADR /zigman2/quotes/200778575/composite PHG +0.93% rose 2.85% to $25.23. Trading volume (461,848) remained 117,495 below its 50-day average volume of 579,343.