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Dec. 3, 2020, 6:05 p.m. EST

Otis Worldwide Corp. stock falls Thursday, underperforms market

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Shares of Otis Worldwide Corp. OTIS dropped 0.30% to $65.49 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.29% to 29,969.52 and the S&P 500 Index SPX falling 0.06% to 3,666.72. This was the stock's sixth consecutive day of losses. Otis Worldwide Corp. closed $2.72 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 Thursday, as Parker Hannifin Corp. PH fell 0.37% to $269.12, Dover Corp. DOV fell 0.94% to $121.14, and Ingersoll Rand Inc. IR rose 0.29% to $44.46. Trading volume (1.1 M) remained 775,645 below its 50-day average volume of 1.8 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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