DJ Xylem Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Xylem Inc. $(XYL)$ advanced 1.20% to $123.73 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's third consecutive day of gains.
Xylem Inc. closed $22.35 short of 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 5.42% to $202.56.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:02 ET (22:02 GMT)
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