Edwards Lifesciences Corp. Stock Rises Tuesday, Still Underperforms Market

Dow Jones2022-10-05

DJ Edwards Lifesciences Corp. Stock Rises Tuesday, Still Underperforms Market

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Shares of Edwards Lifesciences Corp. $(EW)$ rallied 2.01% to $87.18 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.06% to 3,790.93 and the Dow Jones Industrial Average rising 2.80% to 30,316.32. This was the stock's second consecutive day of gains. Edwards Lifesciences Corp. closed $44.55 short of its 52-week high ($131.73), which the company achieved on December 30th.

The stock underperformed when compared to some of its competitors Tuesday, as Medtronic PLC $(MDT)$ rose 2.18% to $84.50, Boston Scientific Corp. $(BSX)$ rose 2.88% to $41.03, and ICU Medical Inc. $(ICUI)$ rose 3.79% to $158.15. Trading volume (2.4 M) remained 267,739 below its 50-day average volume of 2.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 4, 2022.

 

(END) Dow Jones Newswires

October 04, 2022 16:52 ET (20:52 GMT)

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