Shares of Roper Technologies Inc. /zigman2/quotes/204270015/composite ROP +0.65% slumped 0.70% to $436.33 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.72% rising 0.19% to 4,305.20 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.62% rising 0.71% to 34,152.01. The stock's fall snapped a two-day winning streak. Roper Technologies Inc. closed $68.67 short of its 52-week high ($505.00), which the company achieved on October 22nd.
The stock underperformed when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO +0.10% fell 0.39% to $602.11, Danaher Corp. /zigman2/quotes/210555154/composite DHR -0.44% fell 0.62% to $300.48, and General Electric Co. /zigman2/quotes/208495069/composite GE -1.24% rose 1.58% to $81.07. Trading volume (355,542) remained 173,580 below its 50-day average volume of 529,122.