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Jan. 26, 2022, 4:55 p.m. EST

Fortive Corp. stock falls Wednesday, underperforms market

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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.

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
$ 68.15
-0.25 -0.37%
Volume: 1.21M
June 9, 2023 4:03p
P/E Ratio
31.92
Dividend Yield
0.41%
Market Cap
$24.18 billion
Rev. per Employee
$328,328
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/zigman2/quotes/210599714/realtime
US : S&P US
4,298.86
+4.93 +0.11%
Volume: 0.00
June 9, 2023 5:38p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,876.78
+43.17 +0.13%
Volume: 0.00
June 9, 2023 5:38p
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/zigman2/quotes/208573663/composite
US : U.S.: Nasdaq
$ 100.82
-0.45 -0.44%
Volume: 376,930
June 9, 2023 4:00p
P/E Ratio
38.81
Dividend Yield
0.87%
Market Cap
$6.76 billion
Rev. per Employee
$330,092
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/zigman2/quotes/204834264/composite
US : U.S.: Nasdaq
$ 131.05
-2.33 -1.75%
Volume: 30,946
June 9, 2023 4:00p
P/E Ratio
777.74
Dividend Yield
0.49%
Market Cap
$716.25 million
Rev. per Employee
$313,868
loading...
/zigman2/quotes/202735214/composite
US : U.S.: NYSE American
$ 4.60
-0.06 -1.29%
Volume: 1,574
June 9, 2023 4:10p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$24.94 million
Rev. per Employee
$2.86M
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