DJ Fortive Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Fortive Corp. $(FTV)$ shed 1.85% to $76.83 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.54% to 6,051.25 and Dow Jones Industrial Average falling 0.53% to 43,914.12.
This was the stock's fifth consecutive day of losses.
Fortive Corp. closed $10.27 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 Thursday, as Emerson Electric Co. $(EMR)$ rose 0.22% to $131.16, Keysight Technologies Inc. $(KEYS.UK)$ rose 0.35% to $168.35, and Mettler-Toledo International Inc. $(MTD)$ rose 0.50% to $1,276.92.
Trading volume (2.2 M) remained 296,201 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 12, 2024.
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(END) Dow Jones Newswires
December 12, 2024 17:04 ET (22:04 GMT)
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