DJ Fortive Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Fortive Corp. $(FTV)$ shed 1.92% to $75.28 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a four-day winning streak.
Fortive Corp. closed $11.82 below its 52-week high ($87.10), which the company achieved on March 22nd.
Despite its losses, the stock outperformed some of its competitors Friday, as Emerson Electric Co. $(EMR)$ fell 1.96% to $117.94, Keysight Technologies Inc. $(KEYS.UK)$ fell 2.17% to $161.31, and Mettler-Toledo International Inc. $(MTD)$ fell 2.85% to $1,210.99.
Trading volume (2.4 M) remained 304,225 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 17:05 ET (22:05 GMT)
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