Nordson Corp. Stock Advances 8.0%, Outperforms Peers

Dow Jones
08/21

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

Shares of Nordson Corp. rallied 8.0% to $334.70 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.9% to 7,641.16 and Dow Jones Industrial Average falling 1.3% to 52,759.21.

This was the stock's second consecutive day of gains.

Nordson Corp. hit a new 52-week high, surpassing its previous peak of $315.68, which the company achieved on August 6th.

The stock outperformed some of its peers, as Astec Industries Inc. rose 0.4% to $41.87, Graco Inc. fell 1.2% to $81.71, and Taylor Devices Inc. fell 3.31% to $55.79.

Trading volume totaled 1.2 million, compared to the 50-day average of 388,984.

Data source: Dow Jones Market Data, FactSet

 

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