Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.28% slid 2.89% to $69.88 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.88% falling 1.22% to 4,356.45 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% falling 0.19% to 34,297.73. The stock's fall snapped a two-day winning streak. Fortive Corp. closed $9.99 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 Tuesday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.20% fell 4.62% to $156.05, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +0.60% fell 3.79% to $289.60, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.37% fell 1.46% to $10.03. Trading volume (2.6 M) eclipsed its 50-day average volume of 2.0 M.