Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS -0.50% advanced 1.39% to $29.12 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.23% falling 1.65% to 3,935.18 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.15% falling 1.02% to 31,834.11. The stock's rise snapped a four-day losing streak. Flowserve Corp. closed $15.27 below 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 -0.44% rose 0.13% to $203.83, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH -0.85% fell 0.32% to $264.89, and Dover Corp. /zigman2/quotes/208444467/composite DOV -0.26% rose 0.10% to $130.08. Trading volume (1.3 M) remained 235,878 below its 50-day average volume of 1.6 M.