ResMed Inc. Stock Falls Monday, Underperforms Market
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Shares of ResMed Inc. (RMD) fell 3.87% to $198.76 on Monday, underperforming the market despite a favorable trading session for the S&P 500 and Dow Jones, both rising 0.19%. This marks the third consecutive day of losses for ResMed, which is currently 32.35% below its 52-week high of $293.81 reached on August 22nd. Trading volume was 1.8 million, surpassing the 50-day average of 1.2 million.
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