Shares of Ingersoll Rand Inc. IR sank 0.44% to $44.79 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,668.10 and Dow Jones Industrial Average DJIA falling 0.23% to 29,999.26. The stock's fall snapped a two-day winning streak. Ingersoll Rand Inc. closed $0.85 below its 52-week high ($45.64), which the company reached on December 1st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Otis Worldwide Corp. OTIS fell 2.28% to $64.00, Parker Hannifin Corp. PH fell 0.68% to $274.44, and Dover Corp. DOV fell 1.52% to $121.37. Trading volume (2.2 M) eclipsed its 50-day average volume of 2.2 M.