DJ Fortive Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Fortive Corp. $(FTV)$ dropped 0.25% to $71.16 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's fifth consecutive day of losses.
Fortive Corp. closed $15.94 short of its 52-week high ($87.10), which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 1.24% to $109.81, Keysight Technologies Inc. $(KEYS.UK)$ rose 1.33% to $153.56, and Mettler-Toledo International Inc. $(MTD)$ rose 1.63% to $1,364.02.
Trading volume (3.3 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:05 ET (22:05 GMT)
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