DJ Flowserve Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Flowserve Corp. $(FLS)$ slumped 0.32% to $59.89 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a three-day winning streak.
Flowserve Corp. closed $1.72 below its 52-week high ($61.61), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as IDEX Corp. (IEX) fell 0.22% to $223.11, Graco Inc. $(GGG)$ rose 0.79% to $88.52, and Parker Hannifin Corp. $(PH)$ rose 0.10% to $690.43.
Trading volume (1.1 M) remained 289,540 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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November 20, 2024 17:25 ET (22:25 GMT)
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