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Dec. 4, 2020, 8:00 p.m. EST

Fortive Corp. stock outperforms market on strong trading day

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Shares of Fortive Corp. FTV rose 3.56% to $71.28 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 3,699.12 and the Dow Jones Industrial Average DJIA rising 0.83% to 30,218.26. The stock's rise snapped a two-day losing streak. Fortive Corp. closed $2.98 short of its 52-week high ($74.25), which the company reached on November 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as MKS Instruments Inc. MKSI rose 5.94% to $151.71, Mesa Laboratories Inc. MLAB rose 1.86% to $271.85, and LGL Group Inc. LGL fell 3.46% to $9.78. Trading volume (3.8 M) eclipsed its 50-day average volume of 2.4 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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