Shares of Ingersoll Rand Inc. IR advanced 1.33% to $50.91 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.53% to 4,163.26 and Dow Jones Industrial Average DJIA falling 0.36% to 34,077.63. This was the stock's second consecutive day of gains. Ingersoll Rand Inc. closed $0.70 short of its 52-week high ($51.61), which the company achieved on March 8th.
The stock outperformed some of its competitors Monday, as Otis Worldwide Corp. OTIS rose 0.64% to $71.03, Parker Hannifin Corp. PH fell 1.12% to $317.52, and Dover Corp. DOV fell 0.10% to $140.43. Trading volume (2.3 M) eclipsed its 50-day average volume of 2.1 M.