Stryker Corp. stock outperforms market despite losses on the day

Stryker Corp. stock outperforms market despite losses on the day

Shares of Stryker Corp. SYK, -0.78% sank 0.78% to $263.21 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.38% falling 1.38% to 4,090.41 and Dow Jones Industrial Average DJIA, -1.26% falling 1.26% to 33,696.85. Stryker Corp. closed $20.79 short of its 52-week high ($284.00), which the company achieved on February 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Medtronic PLC MDT, -0.34% fell 0.34% to $84.20, Intuitive Surgical Inc. ISRG, -1.88% fell 1.88% to $240.16, and Edwards Lifesciences Corp. EW, -0.82% fell 0.82% to $77.28. Trading volume (1.0 M) remained 373,948 below its 50-day average volume of 1.4 M.

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