Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS -2.16% advanced 2.23% to $31.68 Monday, 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 +0.0079% rising 0.31% to 4,121.43 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.22% rising 0.05% to 32,915.78. The stock's rise snapped a two-day losing streak. Flowserve Corp. closed $12.71 short of its 52-week high ($44.39), which the company achieved on June 8th.
The stock outperformed some of its competitors Monday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW -0.10% rose 0.16% to $208.17, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH -1.10% rose 0.35% to $277.80, and Dover Corp. /zigman2/quotes/208444467/composite DOV -1.31% fell 0.18% to $133.19. Trading volume (1.2 M) remained 46,003 below its 50-day average volume of 1.3 M.