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Dec. 11, 2020, 6:03 p.m. EST

Otis Worldwide Corp. stock falls Friday, underperforms market

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Shares of Otis Worldwide Corp. OTIS slipped 0.42% to $63.73 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.16% to 30,046.37 and the S&P 500 Index SPX falling 0.13% to 3,663.46. This was the stock's third consecutive day of losses. Otis Worldwide Corp. closed $4.48 short of its 52-week high ($68.21), which the company reached on November 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Parker Hannifin Corp. PH rose 0.09% to $274.68, Dover Corp. DOV remained unchanged, and Ingersoll Rand Inc. IR fell 1.05% to $44.32. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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