DJ Parker Hannifin Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Parker Hannifin Corp. $(PH)$ rallied 1.25% to $686.39 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a two-day losing streak.
Parker Hannifin Corp. closed $26.03 below its 52-week high ($712.42), which the company achieved on November 25th.
The stock outperformed some of its competitors Wednesday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 0.45% to $235.40, Honeywell International Inc. $(HON)$ fell 0.01% to $229.06, and Eaton Corp. PLC $(ETN)$ rose 0.95% to $361.91.
Trading volume (692,465) eclipsed its 50-day average volume of 567,073.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:44 ET (21:44 GMT)
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