Shares of Fortive Corp. FTV rallied 1.84% to $73.00 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.62% to 3,635.41 and the Dow Jones Industrial Average DJIA rising 1.54% to 30,046.24. This was the stock's second consecutive day of gains. Fortive Corp. closed $1.25 short of its 52-week high ($74.25), which the company achieved on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as MKS Instruments Inc. MKSI fell 0.20% to $137.87, Mesa Laboratories Inc. MLAB fell 3.77% to $270.30, and LGL Group Inc. LGL rose 5.35% to $9.48. Trading volume (2.2 M) remained 601,744 below its 50-day average volume of 2.8 M.