Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.16% shed 1.08% to $65.76 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.28% falling 1.81% to 4,504.08 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.20% falling 1.47% to 35,241.59. The stock's fall snapped a two-day winning streak. Fortive Corp. closed $14.11 short of 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 Thursday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.22% fell 2.63% to $150.81, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB -2.35% fell 2.73% to $264.07, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -0.18% rose 2.67% to $10.76. Trading volume (3.3 M) eclipsed its 50-day average volume of 2.5 M.