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Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS +4.69% inched 0.97% higher to $33.15 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 0.21% to 4,183.96 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% rising 0.19% to 33,301.93. The stock's rise snapped a five-day losing streak. Flowserve Corp. closed $11.24 short of its 52-week high ($44.39), which the company achieved on June 8th.
The stock outperformed some of its competitors Wednesday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW +4.34% fell 0.15% to $198.31, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +5.48% rose 0.12% to $271.70, and Dover Corp. /zigman2/quotes/208444467/composite DOV +3.91% fell 0.76% to $137.99. Trading volume (980,558) remained 651,760 below its 50-day average volume of 1.6 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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