Shares of Carrier Global Corp. /zigman2/quotes/217080228/composite CARR +4.60% slumped 0.71% to $45.86 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.42% rising 0.47% to 4,239.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.44% rising 0.06% to 34,466.24. This was the stock's second consecutive day of losses. Carrier Global Corp. closed $1.23 short of its 52-week high ($47.09), which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Thursday, as CRH PLC ADR /zigman2/quotes/202550827/composite CRH 0.00% rose 0.46% to $52.14, Johnson Controls International PLC /zigman2/quotes/203776087/composite JCI +1.86% rose 0.18% to $66.98, and PPG Industries Inc. /zigman2/quotes/202418877/composite PPG -0.30% rose 0.16% to $177.39. Trading volume (5.1 M) remained 918,522 below its 50-day average volume of 6.0 M.