Shares of Ingersoll Rand Inc. IR slipped 1.83% to $49.23 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.33% to 4,141.59 and the Dow Jones Industrial Average DJIA falling 0.20% to 33,677.27. This was the stock's second consecutive day of losses. Ingersoll Rand Inc. closed $2.38 below its 52-week high ($51.61), which the company achieved on March 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Otis Worldwide Corp. OTIS rose 0.67% to $71.12, Parker Hannifin Corp. PH fell 1.73% to $315.61, and Dover Corp. DOV fell 1.30% to $138.66. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.2 M.