Fortive Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones
2024-11-26

DJ Fortive Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Fortive Corp. $(FTV)$ rallied 1.61% to $79.68 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.

This was the stock's fourth consecutive day of gains.

Fortive Corp. closed $7.42 below its 52-week high ($87.10), which the company reached on March 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 2.06% to $132.75, Keysight Technologies Inc. $(KEYS.UK)$ rose 0.82% to $171.68, and Mettler-Toledo International Inc. $(MTD)$ rose 0.53% to $1,224.47.

Trading volume (3.6 M) eclipsed its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.

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(END) Dow Jones Newswires

November 25, 2024 17:04 ET (22:04 GMT)

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