Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.51% slid 1.29% to $71.31 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.45% falling 1.10% to 4,482.73 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.46% falling 0.89% to 34,715.39. This was the stock's second consecutive day of losses. Fortive Corp. closed $8.56 below 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 Thursday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI +0.54% fell 2.69% to $161.41, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB -2.67% fell 2.04% to $293.16, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.71% rose 2.95% to $10.13. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.8 M.