Daily Trade News

Xylem Inc. stock outperforms market despite losses on the day


Shares of Xylem Inc.
XYL,
-0.14%

slid 0.14% to $132.49 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.57%

falling 0.57% to 4,443.05 and Dow Jones Industrial Average
DJIA,
-0.84%

falling 0.84% to 34,577.57. This was the stock’s second consecutive day of losses. Xylem Inc. closed $6.29 below its 52-week high ($138.78), which the company achieved on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc.
TMO,
+0.63%

rose 0.63% to $562.40, IDEX Corp.
IEX,
+0.68%

rose 0.68% to $215.92, and Graco Inc.
GGG,
-0.31%

fell 0.31% to $76.08. Trading volume (527,779) remained 213,757 below its 50-day average volume of 741,536.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



Read More: Xylem Inc. stock outperforms market despite losses on the day