Shares of Fortive Corp. FTV rose 1.81% to $69.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. The stock's rise snapped a two-day losing streak. Fortive Corp. closed $4.62 below its 52-week high ($74.25), which the company achieved on November 9th.
The stock outperformed some of its competitors Wednesday, as MKS Instruments Inc. MKSI fell 4.32% to $150.10, Mesa Laboratories Inc. MLAB fell 1.68% to $267.73, and LGL Group Inc. LGL rose 1.52% to $10.05. Trading volume (3.4 M) eclipsed its 50-day average volume of 2.5 M.