This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Fortive Corp. slid 4.2% to $66.78 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,604.14 and the Dow Jones Industrial Average rising 0.2% to 40,752.96.
The stock's fall snapped a two-day winning streak.
Fortive Corp. closed 19.9% short of its 52-week high of $83.32, which the company reached on February 20th.
The stock underperformed when compared to some of its competitors, as Emerson Electric Co. rose 0.7% to $105.81, Keysight Technologies Inc. rose 0.1% to $145.54, and Mettler-Toledo International Inc. fell 1.31% to $1,056.58.
Trading volume totaled 10.8 million, compared to the 50-day average of 2.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 01, 2025 16:35 ET (20:35 GMT)
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