DJ Fortive Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Fortive Corp. $(FTV)$ inched 0.32% higher to $71.39 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's rise snapped a five-day losing streak.
Fortive Corp. closed $15.71 short of its 52-week high ($87.10), which the company achieved on March 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Emerson Electric Co. $(EMR)$ rose 7.16% to $117.67, Keysight Technologies Inc. $(KEYS.UK)$ rose 0.87% to $154.89, and Mettler-Toledo International Inc. $(MTD)$ rose 1.60% to $1,385.79.
Trading volume (3.7 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 17:06 ET (22:06 GMT)
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