DJ Fortive Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Fortive Corp. $(FTV)$ rose 1.28% to $76.16 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of gains.
Fortive Corp. closed $10.94 below its 52-week high ($87.10), which the company achieved on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 1.52% to $129.20, Keysight Technologies Inc. $(KEYS.UK)$ fell 1.02% to $163.74, and Mettler-Toledo International Inc. $(MTD)$ fell 4.58% to $1,250.07.
Trading volume (3.3 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:05 ET (22:05 GMT)
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