Fortive Corp. stock rises Wednesday, outperforms market

MarketWatch Automation

Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.28% rallied 1.40% to $71.62 Wednesday, 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 0.94% to 4,589.38 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% rising 0.63% to 35,629.33. This was the stock's fourth consecutive day of gains. Fortive Corp. closed $8.25 short of its 52-week high ($79.87), which the company reached on November 22nd.

The stock outperformed some of its competitors Wednesday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.20% rose 0.76% to $156.17, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +0.60% fell 0.88% to $279.55, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.37% rose 0.62% to $10.64. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.1 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

$ 54.38

-0.15 -0.28%

Volume: 1.83M

June 30, 2022 4:03p

P/E Ratio

30.26

Dividend Yield

0.51%

Market Cap

$19.55 billion

Rev. per Employee

$298,361

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

3,785.38

-33.45 -0.88%

Volume: 2.68B

June 30, 2022 5:30p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

30,775.43

-253.88 -0.82%

Volume: 397.27M

June 30, 2022 5:30p

/zigman2/quotes/208573663/composite

Add to watchlist MKSI

MKS Instruments Inc.

US : U.S.: Nasdaq

$ 102.63

-0.21 -0.20%

Volume: 525,891

June 30, 2022 4:00p

P/E Ratio

10.00

Dividend Yield

0.86%

Market Cap

$5.72 billion

Rev. per Employee

$468,391

/zigman2/quotes/204834264/composite

Add to watchlist MLAB

Mesa Laboratories Inc.

US : U.S.: Nasdaq

$ 203.94

+1.22 +0.60%

Volume: 30,342

June 30, 2022 4:00p

P/E Ratio

601.24

Dividend Yield

0.31%

Market Cap

$1.07 billion

Rev. per Employee

$270,683

/zigman2/quotes/202735214/composite

Add to watchlist LGL

LGL Group Inc.

US : U.S.: NYSE American

$ 12.98

-0.18 -1.37%

Volume: 3,322

June 30, 2022 4:10p

P/E Ratio

4.69

Dividend Yield

N/A

Market Cap

$70.54 million

Rev. per Employee

$97,098