DJ Zimmer Biomet Holdings Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Zimmer Biomet Holdings Inc. $(ZBH)$ shed 2.63% to $106.92 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.86% to 5,705.45 and Dow Jones Industrial Average falling 0.90% to 41,763.46.
The stock's fall snapped a three-day winning streak.
Zimmer Biomet Holdings Inc. closed $26.98 short of its 52-week high ($133.90), which the company reached on March 28th.
The stock underperformed when compared to some of its competitors Thursday, as Johnson & Johnson $(JNJ)$ fell 0.47% to $159.86, Medtronic PLC $(MDT)$ fell 1.38% to $89.25, and Stryker Corp. $(SYK)$ fell 1.97% to $356.28.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2024.
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(END) Dow Jones Newswires
October 31, 2024 17:07 ET (21:07 GMT)
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