DJ Parker Hannifin Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Parker Hannifin Corp. $(PH)$ inched 0.29% higher to $673.74 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
The stock's rise snapped a two-day losing streak.
Parker Hannifin Corp. closed $38.68 short of its 52-week high ($712.42), which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ fell 0.30% to $234.18, Honeywell International Inc. $(HON)$ rose 3.68% to $236.00, and Eaton Corp. PLC $(ETN)$ fell 0.24% to $355.15.
Trading volume (625,996) eclipsed its 50-day average volume of 578,788.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:44 ET (21:44 GMT)
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