Shares of Ingersoll Rand Inc. IR rose 1.01% to $44.99 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 3,672.82 and Dow Jones Industrial Average DJIA falling 0.35% to 30,068.81. This was the stock's second consecutive day of gains. Ingersoll Rand Inc. closed $0.65 short of its 52-week high ($45.64), which the company reached on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Otis Worldwide Corp. OTIS fell 0.94% to $65.49, Parker Hannifin Corp. PH rose 0.76% to $276.32, and Dover Corp. DOV rose 1.07% to $123.24. Trading volume (2.2 M) remained 12,716 below its 50-day average volume of 2.2 M.