DJ Illinois Tool Works Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Illinois Tool Works Inc. $(ITW)$ slid 0.09% to $242.04 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's third consecutive day of losses.
Illinois Tool Works Inc. closed $29.11 below its 52-week high ($271.15), which the company reached on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as 3M Co. $(MMM)$ fell 1.66% to $96.81, Roper Technologies Inc. $(ROP)$ fell 0.77% to $510.82, and Amphenol Corp. Cl A $(APH)$ rose 1.46% to $121.00.
Trading volume (1.3 M) remained 45,116 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 16:46 ET (20:46 GMT)
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