Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV +1.23% shed 0.76% to $65.26 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.44% falling 1.90% to 4,418.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.26% falling 1.43% to 34,738.06. This was the stock's second consecutive day of losses. Fortive Corp. closed $14.61 short of its 52-week high ($79.87), which the company reached on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI +1.38% fell 3.87% to $144.98, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +2.33% rose 0.22% to $264.64, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.61% fell 2.23% to $10.52. Trading volume (5.2 M) eclipsed its 50-day average volume of 2.5 M.