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

Fortive Corp. stock falls Monday, underperforms market

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Shares of Fortive Corp. FTV shed 2.65% to $69.39 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.19% to 3,691.96 and Dow Jones Industrial Average DJIA falling 0.49% to 30,069.79. Fortive Corp. closed $4.87 short of its 52-week high ($74.25), which the company achieved on November 9th.

The stock underperformed when compared to some of its competitors Monday, as MKS Instruments Inc. MKSI rose 2.34% to $155.26, Mesa Laboratories Inc. MLAB fell 1.05% to $268.99, and LGL Group Inc. LGL rose 2.25% to $10.00. Trading volume (2.1 M) remained 348,325 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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