DJ Zimmer Biomet Holdings Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Zimmer Biomet Holdings Inc. $(ZBH)$ slipped 1.42% to $104.19 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.17% to 5,699.94 and Dow Jones Industrial Average falling 0.44% to 42,011.59.
This was the stock's fourth consecutive day of losses.
Zimmer Biomet Holdings Inc. closed $29.71 below its 52-week high ($133.90), which the company achieved on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson $(JNJ)$ fell 0.42% to $160.50, Medtronic PLC $(MDT)$ fell 1.51% to $87.77, and Stryker Corp. $(SYK)$ fell 0.99% to $351.61.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 3, 2024.
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(END) Dow Jones Newswires
October 03, 2024 17:10 ET (21:10 GMT)
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