DJ Xylem Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Xylem Inc. $(XYL)$ inched 0.88% higher to $131.01 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.75% to 5,595.76 and the Dow Jones Industrial Average rising 0.58% to 41,096.77.
This was the stock's fourth consecutive day of gains.
Xylem Inc. closed $15.07 below its 52-week high ($146.08), which the company achieved on May 21st.
The stock underperformed when compared to some of its competitors Thursday, as Dover Corp. $(DOV)$ rose 1.92% to $186.68.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 12, 2024.
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(END) Dow Jones Newswires
September 12, 2024 17:03 ET (21:03 GMT)
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