Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV +2.76% slid 2.51% to $64.39 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +3.06% rising 0.52% to 4,500.53 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +2.68% falling 0.06% to 35,089.74. This was the stock's second consecutive day of losses. Fortive Corp. closed $15.48 below its 52-week high ($79.87), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Friday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI +6.60% fell 0.92% to $147.85, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +0.83% fell 0.70% to $268.61, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL +9.58% rose 2.29% to $10.74. Trading volume (5.9 M) eclipsed its 50-day average volume of 2.3 M.