Fortive Corp. stock rises Friday, still underperforms market

MarketWatch Automation

Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV +4.15% rose 1.53% to $69.71 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.30% rising 2.43% to 4,431.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.00% rising 1.65% to 34,725.47. The stock's rise snapped a three-day losing streak. Fortive Corp. closed $10.16 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 Friday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI +7.22% rose 2.51% to $149.10, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB -0.26% rose 2.84% to $279.71, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL +0.64% remained unchanged. Trading volume (2.3 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

Add to watchlist FTV

Fortive Corp.

US : U.S.: NYSE

$ 67.82

+2.70 +4.15%

Volume: 3.73M

May 26, 2023 4:00p

P/E Ratio

31.76

Dividend Yield

0.41%

Market Cap

$23.98 billion

Rev. per Employee

$328,328

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,205.45

+54.17 +1.30%

Volume: 0.00

May 26, 2023 5:20p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

33,093.34

+328.69 +1.00%

Volume: 0.00

May 26, 2023 5:20p

/zigman2/quotes/208573663/composite

Add to watchlist MKSI

MKS Instruments Inc.

US : U.S.: Nasdaq

$ 99.48

+6.70 +7.22%

Volume: 1.21M

May 26, 2023 4:00p

P/E Ratio

38.29

Dividend Yield

0.88%

Market Cap

$6.64 billion

Rev. per Employee

$330,092

/zigman2/quotes/204834264/composite

Add to watchlist MLAB

Mesa Laboratories Inc.

US : U.S.: Nasdaq

$ 140.70

-0.36 -0.26%

Volume: 26,418

May 26, 2023 4:00p

P/E Ratio

853.24

Dividend Yield

0.45%

Market Cap

$752.21 million

Rev. per Employee

$321,703

/zigman2/quotes/202735214/composite

Add to watchlist LGL

LGL Group Inc.

US : U.S.: NYSE American

$ 4.74

+0.03 +0.64%

Volume: 4,463

May 26, 2023 4:10p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$25.37 million

Rev. per Employee

$2.86M