DJ Flowserve Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Flowserve Corp. $(FLS)$ rallied 1.71% to $60.68 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's third consecutive day of gains.
Flowserve Corp. closed 2.63% short of its 52-week high of $62.32, which the company achieved on December 5th.
The stock outperformed some of its competitors Wednesday, as IDEX Corp. (IEX) fell 0.00% to $214.53, Graco Inc. $(GGG)$ rose 0.87% to $83.86, and Parker Hannifin Corp. $(PH)$ rose 1.44% to $656.32.
Trading volume (714,484) remained 496,203 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 18:05 ET (23:05 GMT)
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