DJ Zimmer Biomet Holdings Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Zimmer Biomet Holdings Inc. $(ZBH)$ sank 0.47% to $108.18 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
This was the stock's second consecutive day of losses.
Zimmer Biomet Holdings Inc. closed $25.72 short of 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 Friday, as Johnson & Johnson $(JNJ)$ fell 0.80% to $155.47, Medtronic PLC $(MDT)$ fell 0.45% to $87.72, and Stryker Corp. $(SYK)$ rose 1.66% to $375.96.
Trading volume (1.2 M) remained 405,057 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 17:08 ET (22:08 GMT)
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