Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.37% slid 0.36% to $69.63 Wednesday, 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 +0.11% falling 0.15% to 4,349.93 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% falling 0.38% to 34,168.09. This was the stock's second consecutive day of losses. Fortive Corp. closed $10.24 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 Wednesday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.44% rose 1.15% to $157.85, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB -1.75% fell 3.55% to $279.33, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.29% rose 5.22% to $10.55. Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.