Xylem Inc. stock falls Thursday, still outperforms market

Xylem Inc. stock falls Thursday, still outperforms market

Shares of Xylem Inc. XYL, -0.22% slipped 0.22% to $119.10 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 4,778.73 and Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 36,398.08. This was the stock’s second consecutive day of losses. Xylem Inc. closed $19.68 below its 52-week high ($138.78), which the company reached on September 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. TMO, +0.41% rose 0.41% to $665.45, IDEX Corp. IEX, -0.17% fell 0.17% to $235.43, and Graco Inc. GGG, -0.43% fell 0.43% to $80.25. Trading volume (401,382) remained 465,404 below its 50-day average volume of 866,786.

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