DJ Fortive Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Fortive Corp. $(FTV)$ rallied 1.78% to $80.50 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,066.44 and the Dow Jones Industrial Average rising 0.38% to 44,470.41.
Fortive Corp. closed 7.58% below its 52-week high of $87.10, which the company achieved on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 1.91% to $126.75, Keysight Technologies Inc. $(KEYS.UK)$ rose 1.70% to $177.28, and Mettler-Toledo International Inc. $(MTD)$ fell 3.56% to $1,340.49.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2025.
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(END) Dow Jones Newswires
February 10, 2025 17:03 ET (22:03 GMT)
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