Boston Scientific Corp. Stock Slides 5.8%, Underperforms Peers

Dow Jones04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Boston Scientific Corp. shed 5.8% to $42.43 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,743.98 and the Dow Jones Industrial Average rising 0.2% to 52,475.10.

This was the stock's fourth consecutive day of losses.

Boston Scientific Corp. closed 59.8% short of its 52-week high of $105.65, which the company achieved on November 13th.

The stock underperformed when compared to some of its peers, as Abbott Laboratories fell 0.4% to $102.64, Medtronic PLC rose 0.9% to $94.78, and Stryker Corp. rose 0.86% to $304.00.

Trading volume totaled 69.3 million, compared to the 50-day average of 18.7 million.

Data source: Dow Jones Market Data, FactSet

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