Stryker Corp stock sheds 6.47% and underperforms competitors

6 articles · Updated · MarketWatch · May 1

The shares closed at $294.73 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
Stryker finished 27.20% below its 52-week high of $404.87 reached on 23 July, while Medtronic fell 1.20%, Intuitive Surgical edged up 0.04% and Edwards Lifesciences gained 0.57%.
Trading volume reached 4.5 million shares, more than double its 50-day average of 2.0 million, indicating heavier investor activity during the mixed market session.

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