DJ Fortive Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Fortive Corp. $(FTV)$ rallied 1.92% to $70.76 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.94% to 6,033.11 and the Dow Jones Industrial Average rising 0.75% to 42,515.09.
The stock's rise snapped a four-day losing streak.
Fortive Corp. closed 15.07% 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 Monday, as Emerson Electric Co. $(EMR)$ rose 2.50% to $128.68, Keysight Technologies Inc. $(KEYS.UK)$ rose 2.58% to $162.27, and Mettler-Toledo International Inc. $(MTD)$ rose 2.37% to $1,182.85.
Trading volume (2.0 M) remained 1.6 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2025.
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June 16, 2025 17:04 ET (21:04 GMT)
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