DJ Fortive Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Fortive Corp. $(FTV)$ shed 5.16% to $64.13 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Fortive Corp. closed 24.52% below its 52-week high of $84.96, which the company reached on April 8th.
Despite its losses, the stock outperformed some of its competitors Friday, as Emerson Electric Co. $(EMR)$ fell 7.18% to $94.57, Keysight Technologies Inc. $(KEYS.UK)$ fell 6.42% to $127.02, and Mettler-Toledo International Inc. $(MTD)$ fell 6.63% to $1,022.66.
Trading volume (4.9 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:59 ET (20:59 GMT)
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