DJ Fortive Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Fortive Corp. $(FTV)$ rallied 1.22% to $81.63 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
This was the stock's third consecutive day of gains.
Fortive Corp. closed 6.28% below its 52-week high of $87.10, which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Thursday, as Emerson Electric Co. $(EMR)$ rose 1.23% to $130.44, Keysight Technologies Inc. $(KEYS.UK)$ rose 1.30% to $170.52, and Mettler-Toledo International Inc. $(MTD)$ rose 2.17% to $1,364.50.
Trading volume (1.4 M) remained 1.1 million below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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January 30, 2025 17:00 ET (22:00 GMT)
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