Zimmer Biomet Holdings Inc. ZBH,
fell 0.46% to $ 162.75 on Wednesday, which turned out to be a great trading session for the stock market with the S&P 500 SPX index.
an increase of 0.15% to 4079.95 and the Dow Jones Industrial Average DJIA,
an increase of 0.05% to 33,446.26. The fall in stocks ended a two-day winning streak. Zimmer Biomet Holdings Inc. closed $ 7.30 below its 52-week high of $ 170.05, which the company reached on Feb.5.
On Wednesday, the company’s stock outperformed some of its competitors such as Johnson & Johnson JNJ.
rose 0.13% to $ 163.61, Stryker Corp. SYK,
fell 0.38% to $ 247.44, and Smith & Nephew PLC ADR SNN,
fell 0.42% to $ 37.86. Trading volume (691,419) remained 567,364 below the 50-day average of $ 1.3 million.