Shares of ResMed Inc. RMD, -1.73% slipped 1.73% to $256.95 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.04% falling 0.04% to 4,461.18 and Dow Jones Industrial Average DJIA, -0.58% falling 0.58% to 34,552.99. The stock’s fall snapped a four-day winning streak. ResMed Inc. closed $44.39 below its 52-week high ($301.34), which the company reached on September 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. TMO, +0.04% rose 0.04% to $589.30, Medtronic PLC MDT, -1.30% fell 1.30% to $108.75, and Koninklijke Philips N.V. ADR PHG, -1.88% fell 1.88% to $30.78. Trading volume (386,964) remained 234,574 below its 50-day average volume of 621,538.
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