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April 21, 2021, 5:14 p.m. EDT

Otis Worldwide Corp. stock rises Wednesday, still underperforms market

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Shares of Otis Worldwide Corp. OTIS inched 0.81% higher to $71.04 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.93% to 4,173.42 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. Otis Worldwide Corp. closed $0.65 below its 52-week high ($71.69), which the company reached on April 20th.

The stock underperformed when compared to some of its competitors Wednesday, as Parker Hannifin Corp. PH rose 1.74% to $317.60, Dover Corp. DOV rose 2.74% to $148.83, and Ingersoll Rand Inc. IR rose 1.21% to $50.95. Trading volume (3.1 M) eclipsed its 50-day average volume of 2.4 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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