Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.28% rose 2.65% to $65.57 Tuesday, 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 -0.88% rising 0.84% to 4,521.54 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% rising 1.06% to 35,462.78. The stock's rise snapped a three-day losing streak. Fortive Corp. closed $14.30 short of its 52-week high ($79.87), which the company reached on November 22nd.
The stock outperformed some of its competitors Tuesday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.20% rose 1.38% to $148.65, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +0.60% rose 1.53% to $273.99, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.37% fell 0.56% to $10.68. Trading volume (3.2 M) eclipsed its 50-day average volume of 2.4 M.