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Dec. 3, 2020, 8:00 p.m. EST

Fortive Corp. stock falls Thursday, underperforms market

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Shares of Fortive Corp. FTV slipped 1.18% to $68.83 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.29% to 29,969.52 and the S&P 500 Index SPX falling 0.06% to 3,666.72. This was the stock's second consecutive day of losses. Fortive Corp. closed $5.42 short of its 52-week high ($74.25), which the company reached on November 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as MKS Instruments Inc. MKSI fell 0.06% to $143.21, Mesa Laboratories Inc. MLAB fell 1.66% to $266.89, and LGL Group Inc. LGL rose 0.60% to $10.13. Trading volume (3.2 M) eclipsed 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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