DJ Flowserve Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Flowserve Corp. $(FLS)$ shed 1.76% to $62.00 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the stock's second consecutive day of losses.
Flowserve Corp. closed 4.73% short of its 52-week high of $65.08, which the company achieved on January 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as IDEX Corp. (IEX) fell 0.69% to $193.54, Graco Inc. $(GGG)$ fell 0.76% to $85.13, and Parker Hannifin Corp. $(PH)$ fell 0.38% to $678.42.
Trading volume (953,710) remained 195,857 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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February 12, 2025 17:27 ET (22:27 GMT)
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