Shares of Ingersoll Rand Inc. IR advanced 1.20% to $44.80 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.13% to 3,662.45 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. The stock's rise snapped a three-day losing streak. Ingersoll Rand Inc. closed $0.78 short of its 52-week high ($45.58), which the company reached on November 24th.
The stock outperformed some of its competitors Tuesday, as Otis Worldwide Corp. OTIS fell 0.16% to $66.83, Parker Hannifin Corp. PH rose 1.16% to $270.36, and Dover Corp. DOV rose 0.50% to $122.64. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.2 M.