Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS +4.69% shed 3.88% to $28.72 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 0.25% to 4,001.05 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 0.26% to 32,160.74. This was the stock's fourth consecutive day of losses. Flowserve Corp. closed $15.67 below its 52-week high ($44.39), which the company achieved on June 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW +4.34% fell 2.81% to $203.56, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +5.48% fell 2.01% to $265.74, and Dover Corp. /zigman2/quotes/208444467/composite DOV +3.91% fell 1.63% to $129.95. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.