Mettler-Toledo Worldwide Inc. inventory falls Tuesday, underperforms market

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Shares in Mettler-Toledo International Inc.
MTD, -0.57%
lost 0.57% to $ 1,515.27 on Tuesday, which turned out to be an all-round great trading day for the stock market with the S&P 500 index
SPX, + 0.10%
rises 0.10% to 4,436.75 and the Dow Jones Industrial Average
DJIA, + 0.46%
increased by 0.46% to 35,264.67. Mettler-Toledo International Inc. closed $ 20.04 below its 52-week high ($ 1,535.31) that the company hit on August 6.

The stock underperformed some of its peers on Tuesday, including Thermo Fisher Scientific Inc.
TMO, -0.15%
fell 0.15% to $ 540.37, Danaher Corp.
DHR, + 0.30%
rose 0.30% to $ 308.88 and Xylem Inc.
XYL, + 0.71%
rose 0.71% to $ 129.40. The trading volume (95,816) was 9,316 below its 50-day average volume of 105,132.

Editor’s note: This story was created automatically by Automated insights, an automation technology provider using data from Dow Jones and FactSet. See our Market Data Terms of Use.