Shares of Ingersoll Rand Inc. IR slipped 1.90% to $44.33 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.19% to 3,691.96 and Dow Jones Industrial Average DJIA falling 0.49% to 30,069.79. The stock's fall snapped a two-day winning streak. Ingersoll Rand Inc. closed $1.31 below its 52-week high ($45.64), which the company reached on December 1st.
The stock underperformed when compared to some of its competitors Monday, as Otis Worldwide Corp. OTIS fell 0.48% to $64.85, Parker Hannifin Corp. PH fell 1.52% to $271.54, and Dover Corp. DOV fell 1.05% to $122.24. Trading volume (2.0 M) remained 173,416 below its 50-day average volume of 2.2 M.