Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS +0.86% slipped 4.16% to $31.34 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.30% falling 2.27% to 4,594.62 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.00% falling 2.53% to 34,899.34. This was the stock's second consecutive day of losses. Flowserve Corp. closed $13.05 short of its 52-week high ($44.39), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW +1.43% fell 2.90% to $234.75, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +1.76% fell 4.74% to $309.64, and Dover Corp. /zigman2/quotes/208444467/composite DOV +1.34% fell 2.84% to $171.24. Trading volume (354,706) remained 413,139 below its 50-day average volume of 767,845.