DJ Xylem Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Xylem Inc. $(XYL)$ inched 0.04% higher to $129.87 Wednesday, on what proved to be an all-around positive 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.
This was the stock's third consecutive day of gains.
Xylem Inc. closed $16.21 below its 52-week high ($146.08), which the company achieved on May 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Dover Corp. $(DOV)$ rose 0.94% to $183.16.
Trading volume (1.0 M) remained 191,542 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 11, 2024.
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(END) Dow Jones Newswires
September 11, 2024 17:02 ET (21:02 GMT)
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