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Feb. 3, 2022, 4:55 p.m. EST

Fortive Corp. stock falls Thursday, underperforms market

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Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -2.16% slipped 7.78% to $66.05 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.81% falling 2.44% to 4,477.44 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.81% falling 1.45% to 35,111.16. The stock's fall snapped a four-day winning streak. Fortive Corp. closed $13.82 short of its 52-week high ($79.87), which the company achieved on November 22nd.

The stock underperformed when compared to some of its competitors Thursday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -2.62% fell 4.44% to $149.23, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB -0.84% fell 3.24% to $270.50, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -0.27% fell 1.27% to $10.50. Trading volume (8.6 M) eclipsed its 50-day average volume of 2.2 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
US : U.S.: NYSE
$ 53.35
-1.18 -2.16%
Volume: 102,541
June 30, 2022 9:54a
P/E Ratio
29.74
Dividend Yield
0.52%
Market Cap
$19.55 billion
Rev. per Employee
$298,361
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/zigman2/quotes/210599714/realtime
US : S&P US
3,749.65
-69.18 -1.81%
Volume: 279.98M
June 30, 2022 9:54a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
30,466.18
-563.13 -1.81%
Volume: 45.42M
June 30, 2022 9:54a
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/zigman2/quotes/208573663/composite
US : U.S.: Nasdaq
$ 100.15
-2.70 -2.62%
Volume: 27,644
June 30, 2022 9:53a
P/E Ratio
9.82
Dividend Yield
0.87%
Market Cap
$5.72 billion
Rev. per Employee
$468,391
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/zigman2/quotes/204834264/composite
US : U.S.: Nasdaq
$ 201.01
-1.71 -0.84%
Volume: 91.00
June 30, 2022 9:30a
P/E Ratio
597.64
Dividend Yield
0.32%
Market Cap
$1.07 billion
Rev. per Employee
$270,683
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/zigman2/quotes/202735214/composite
US : U.S.: NYSE American
$ 13.13
-0.04 -0.27%
Volume: 398.00
June 30, 2022 9:37a
P/E Ratio
4.75
Dividend Yield
N/A
Market Cap
$70.54 million
Rev. per Employee
$97,098
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