Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS -0.06% advanced 1.90% to $29.55 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.16% rising 1.46% to 3,789.99 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.23% rising 1.00% to 30,668.53. The stock's rise snapped a three-day losing streak. Flowserve Corp. closed $14.08 short of its 52-week high ($43.63), which the company reached on August 5th.
The stock outperformed some of its competitors Wednesday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW +0.64% rose 0.26% to $186.41, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH -0.22% rose 0.86% to $254.79, and Dover Corp. /zigman2/quotes/208444467/composite DOV +1.19% rose 0.86% to $124.06. Trading volume (862,191) remained 320,929 below its 50-day average volume of 1.2 M.