Danaher Corp. stock rises Monday, still underperforms market

Danaher Corp. stock rises Monday, still underperforms market

Shares of Danaher Corp. DHR, +0.84% inched 0.84% higher to $249.04 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.96% rising 0.96% to 3,806.80 and the Dow Jones Industrial Average DJIA, +1.31% rising 1.31% to 32,827.00. This was the stock’s second consecutive day of gains. Danaher Corp. closed $82.65 short of its 52-week high ($331.69), which the company achieved on November 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. TMO, -0.70% fell 0.70% to $492.10, Honeywell International Inc. HON, +0.92% rose 0.92% to $209.77, and 3M Co. MMM, -0.13% fell 0.13% to $124.68. Trading volume (2.4 M) remained 393,601 below its 50-day average volume of 2.8 M.

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