Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS -0.71% slid 4.45% to $29.39 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.40% falling 3.88% to 3,749.63 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.45% falling 2.79% to 30,516.74. This was the stock's second consecutive day of losses. Flowserve Corp. closed $14.24 below its 52-week high ($43.63), which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Monday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW -1.60% fell 4.14% to $188.62, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH -0.51% fell 3.97% to $253.15, and Dover Corp. /zigman2/quotes/208444467/composite DOV +0.57% fell 3.47% to $123.96. Trading volume (1.5 M) eclipsed its 50-day average volume of 1.2 M.