Shares of Flowserve Corp. (NYS:FLS) 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 (S&P:SPX) rising 0.25% to 4,001.05 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NYS:ITW) fell 2.81% to $203.56, Parker Hannifin Corp. (NYS:PH) fell 2.01% to $265.74, and Dover Corp. (NYS:DOV) fell 1.63% to $129.95. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.