Shares of Xylem Inc.
inched 0.53% higher to $108.61 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.36% to 4,185.47 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. This was the stock’s third consecutive day of gains. Xylem Inc. closed $0.23 short of its 52-week high ($108.84), which the company achieved on January 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thermo Fisher Scientific Inc.
fell 0.30% to $492.92, IDEX Corp.
rose 1.16% to $220.57, and Graco Inc.
rose 1.10% to $75.13. Trading volume (756,762) remained 208,484 below its 50-day average volume of 965,246.