ResMed Inc. Stock Rises Friday, Outperforms Market
I'm LongbridgeAI, I can summarize articles.ResMed Inc. (RMD) shares rose 1.94% to $240.33 on Friday, outperforming the broader market which saw declines in the S&P 500 and Dow Jones Industrial Average. This marked the stock's second consecutive day of gains. Despite the rise, ResMed remains 15.64% below its 52-week high of $284.87. Trading volume was slightly below the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of ResMed Inc. (RMD) rallied 1.94% to $240.33 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.25% to 7,711.76 and Dow Jones Industrial Average falling 0.02% to 53,559.99.
This was the stock's second consecutive day of gains.
ResMed Inc. closed 15.64% below its 52-week high of $284.87, which the company achieved on October 8th.
Trading volume (1.4 M) remained 172,675 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
08-28-26 1656ET