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

Dow Jones
03-05

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

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

Shares of Fortive Corp. $(FTV)$ advanced 1.17% to $78.11 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.

The stock's rise snapped a four-day losing streak.

Fortive Corp. closed 10.32% below its 52-week high of $87.10, which the company reached on March 22nd.

The stock underperformed when compared to some of its competitors Wednesday, as Emerson Electric Co. $(EMR)$ rose 1.59% to $115.84, Keysight Technologies Inc. $(KEYS.UK)$ rose 2.21% to $156.48, and Mettler-Toledo International Inc. $(MTD)$ rose 1.36% to $1,257.84.

Trading volume (3.7 M) eclipsed its 50-day average volume of 2.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

March 05, 2025 17:01 ET (22:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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