DJ ResMed Inc. Stock Falls Tuesday, Underperforms Market
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Shares of ResMed Inc. $(RMD)$ shed 2.00% to $220.25 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,614.66 and Dow Jones Industrial Average falling 0.62% to 41,581.31.
The stock's fall snapped a two-day winning streak.
ResMed Inc. closed 16.27% short of its 52-week high of $263.05, which the company reached on January 30th.
Trading volume (710,555) remained 278,400 below its 50-day average volume of 988,955.
Data source: Dow Jones Market Data, FactSet. Data compiled March 18, 2025.
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(END) Dow Jones Newswires
March 18, 2025 16:57 ET (20:57 GMT)
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