Danaher Corp. stock falls Friday, underperforms market

Shares of Danaher Corp. DHR, -0.70% shed 0.70% to $302.32 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.15% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average DJIA, +1.43% rising 1.43% to 34,326.46. This was the stock’s second consecutive day of losses. Danaher Corp. closed $31.64 short of its 52-week high ($333.96), which the company achieved on September 10th.

The stock underperformed when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc. TMO, +0.24% rose 0.24% to $572.72. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.0 M.

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.