DJ Fortive Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Fortive Corp. $(FTV)$ slid 1.04% to $74.82 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Fortive Corp. closed $12.28 short of its 52-week high ($87.10), which the company reached on March 22nd.
Despite its losses, the stock outperformed some of its competitors Friday, as Emerson Electric Co. $(EMR)$ fell 1.32% to $126.78, Keysight Technologies Inc. $(KEYS.UK)$ fell 2.80% to $149.37, and Mettler-Toledo International Inc. $(MTD)$ fell 4.70% to $1,179.58.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:05 ET (22:05 GMT)
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