DJ Mettler-Toledo International Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Mettler-Toledo International Inc. $(MTD)$ shed 0.40% to $1,388.52 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.07% to 5,554.13 and the Dow Jones Industrial Average rising 0.31% to 40,861.71.
The stock's fall snapped a two-day winning streak.
Mettler-Toledo International Inc. closed $158.41 below its 52-week high ($1,546.93), which the company achieved on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Emerson Electric Co. $(EMR)$ rose 0.82% to $99.91, Roper Technologies Inc. $(ROP)$ fell 0.45% to $549.84, and Agilent Technologies Inc. $(A)$ rose 0.49% to $138.70.
Trading volume (84,037) remained 29,783 below its 50-day average volume of 113,820.
Data source: Dow Jones Market Data, FactSet. Data compiled September 11, 2024.
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(END) Dow Jones Newswires
September 11, 2024 16:30 ET (20:30 GMT)
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