Shares of Fortive Corp. FTV inched 0.60% higher to $70.55 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.13% to 3,662.45 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. The stock's rise snapped a three-day losing streak. Fortive Corp. closed $3.71 below 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 rose 1.46% to $140.00, Mesa Laboratories Inc. MLAB rose 0.86% to $274.09, and LGL Group Inc. LGL rose 0.21% to $9.66. Trading volume (2.3 M) remained 118,839 below its 50-day average volume of 2.4 M.