Fortive Corp. stock falls Monday, underperforms market

MarketWatch Automation

Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV +1.23% slipped 0.79% to $63.88 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.26% rising 0.00% to 35,091.13 and the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.44% falling 0.37% to 4,483.87. This was the stock's third consecutive day of losses. Fortive Corp. closed $15.99 short of its 52-week high ($79.87), which the company achieved on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI +1.38% fell 0.83% to $146.62, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +2.33% rose 0.47% to $269.86, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.61% fell 0.00% to $10.74. Trading volume (3.6 M) eclipsed its 50-day average volume of 2.4 M.

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

/zigman2/quotes/207268286/composite

Add to watchlist FTV

Fortive Corp.

US : U.S.: NYSE

$ 68.17

+0.83 +1.23%

Volume: 2.22M

March 31, 2023 4:03p

P/E Ratio

32.52

Dividend Yield

0.41%

Market Cap

$24.08 billion

Rev. per Employee

$323,650

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

33,274.15

+415.12 +1.26%

Volume: 0.00

March 31, 2023 4:58p

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,109.31

+58.48 +1.44%

Volume: 0.00

March 31, 2023 4:58p

/zigman2/quotes/208573663/composite

Add to watchlist MKSI

MKS Instruments Inc.

US : U.S.: Nasdaq

$ 88.62

+1.21 +1.38%

Volume: 502,309

March 31, 2023 4:00p

P/E Ratio

15.30

Dividend Yield

0.99%

Market Cap

$5.91 billion

Rev. per Employee

$325,413

/zigman2/quotes/204834264/composite

Add to watchlist MLAB

Mesa Laboratories Inc.

US : U.S.: Nasdaq

$ 174.73

+3.98 +2.33%

Volume: 42,102

March 31, 2023 4:00p

P/E Ratio

N/A

Dividend Yield

0.37%

Market Cap

$934.14 million

Rev. per Employee

$326,532

/zigman2/quotes/202735214/composite

Add to watchlist LGL

LGL Group Inc.

US : U.S.: NYSE American

$ 4.28

-0.07 -1.61%

Volume: 1,635

March 31, 2023 3:59p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$22.89 million

Rev. per Employee

$103,020