DJ Flowserve Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Flowserve Corp. $(FLS)$ slipped 0.52% to $57.48 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
Flowserve Corp. closed $4.84 short of its 52-week high ($62.32), which the company reached on December 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as IDEX Corp. (IEX) fell 1.08% to $208.83, Graco Inc. $(GGG)$ fell 0.44% to $83.77, and Parker Hannifin Corp. $(PH)$ fell 1.09% to $636.82.
Trading volume (692,876) remained 551,501 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:32 ET (22:32 GMT)
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