MARKET REPORT

Carlyle, First Citizens Hit 52-Week Lows as Thermo Fisher, Agilent Hit Highs

The same session that pushed private-equity and regional-bank shares to fresh lows sent lab-equipment and manufacturing names to records, underscoring a split market.

Executive takeaway

Carlyle Group fell to a 52-week low of $39.15 and First Citizens BancShares to $19.56, while Thermo Fisher Scientific hit a 52-week high of $671.69 and Xometry an all-time high of $107.00.

Newsroom graphic
Lab-equipment stocks diverge sharply from PE, bank peers. Rebased to 100, the chart shows Thermo Fisher and Agilent climbing to fresh highs even as Carlyle and First Citizens BancShares slide to 52-week lows in the same stretch.

Lab-equipment stocks diverge sharply from PE, bank peers

Rebased to 100, the chart shows Thermo Fisher and Agilent climbing to fresh highs even as Carlyle and First Citizens BancShares slide to 52-week lows in the same stretch.

Live prices for CG, FCNCA, TMO, A per Investing.com wire items on 52-week lows/highs, September 24 session.

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<figure><a href="https://www.indy.finance/news/carlyle-first-citizens-hit-52-week-lows-as-thermo-fisher-agilent-hit-highs"><img src="https://www.indy.finance/news/carlyle-first-citizens-hit-52-week-lows-as-thermo-fisher-agilent-hit-highs/graphic.svg" alt="Lab-equipment stocks diverge sharply from PE, bank peers" width="1200" height="675"></a><figcaption>Lab-equipment stocks diverge sharply from PE, bank peers — <a href="https://www.indy.finance/news/carlyle-first-citizens-hit-52-week-lows-as-thermo-fisher-agilent-hit-highs">Indy Finance</a></figcaption></figure>
Carlyle Group shares touched a 52-week low of $39.15 in the September 24 session, and First Citizens BancShares hit its own 52-week low at $19.56. Suburban Propane Partners also fell to a fresh 52-week low of $16.53. On the same day, Thermo Fisher Scientific climbed to a 52-week high of $671.69, Agilent Technologies reached $169.07, and Xometry set an all-time high of $107.00. The divergence is notable because it cuts across sectors rather than within one: private equity and regional banking are under pressure even as diagnostics, lab instruments and on-demand manufacturing names are being bid up. That points to investors rotating toward companies with visible, near-term earnings growth and away from businesses more exposed to rate spreads, fundraising cycles or fuel costs. What remains unclear is whether the weakness in Carlyle and First Citizens reflects company-specific issues or a broader repricing of private-equity and regional-bank risk. Neither the wire items nor company statements gave a specific cause for either stock's decline.
What would change this view

If First Citizens BancShares reclaims above $19.56 following its next quarterly report, the move would look like a temporary dip rather than a durable regional-bank retreat.

Wire sources cited

Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.