Shares of Fortive Corp. /zigman2/quotes/207268286/composite FTV -0.28% inched 0.28% higher to $71.96 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.88% rising 0.28% to 4,410.13 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.82% rising 0.29% to 34,364.50. This was the stock's second consecutive day of gains. Fortive Corp. closed $7.91 below its 52-week high ($79.87), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as MKS Instruments Inc. /zigman2/quotes/208573663/composite MKSI -0.20% rose 3.21% to $163.61, Mesa Laboratories Inc. /zigman2/quotes/204834264/composite MLAB +0.60% rose 2.27% to $301.02, and LGL Group Inc. /zigman2/quotes/202735214/composite LGL -1.37% rose 1.78% to $10.18. Trading volume (2.6 M) eclipsed its 50-day average volume of 1.9 M.