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Jan. 28, 2022, 4:55 p.m. EST

Fortive Corp. stock rises Friday, still underperforms market

MarketWatch Automation

Shares of Fortive Corp. (NYS:FTV) 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 (S&P:SPX) rising 2.43% to 4,431.85 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NAS:MKSI) rose 2.51% to $149.10, Mesa Laboratories Inc. (NAS:MLAB) rose 2.84% to $279.71, and LGL Group Inc. (ASE:LGL) 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.

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