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Dec. 11, 2020, 7:58 p.m. EST

Fortive Corp. stock falls Friday, underperforms market

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Shares of Fortive Corp. FTV slipped 0.55% to $68.55 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.16% to 30,046.37 and the S&P 500 Index SPX falling 0.13% to 3,663.46. This was the stock's second consecutive day of losses. Fortive Corp. closed $5.71 below its 52-week high ($74.25), which the company achieved on November 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as MKS Instruments Inc. MKSI fell 0.95% to $147.65, Mesa Laboratories Inc. MLAB rose 0.94% to $284.40, and LGL Group Inc. LGL rose 1.80% to $10.16. Trading volume (1.4 M) remained 1.0 million below its 50-day average volume of 2.4 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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