DJ Zimmer Biomet Holdings Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Zimmer Biomet Holdings Inc. $(ZBH)$ inched 0.06% higher to $106.34 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.70% to 5,713.64 and the Dow Jones Industrial Average rising 1.26% to 42,025.19.
This was the stock's second consecutive day of gains.
Zimmer Biomet Holdings Inc. closed $27.56 below its 52-week high ($133.90), which the company reached on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson $(JNJ)$ fell 0.80% to $164.82, Medtronic PLC $(MDT)$ rose 1.52% to $89.47, and Stryker Corp. $(SYK)$ rose 1.02% to $365.05.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2024.
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September 19, 2024 17:09 ET (21:09 GMT)
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