DJ Illinois Tool Works Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Illinois Tool Works Inc. $(ITW)$ inched 0.52% higher to $245.19 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's second consecutive day of gains.
Illinois Tool Works Inc. closed $25.96 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 Monday, as 3M Co. $(MMM)$ fell 0.58% to $96.59, Roper Technologies Inc. $(ROP)$ fell 0.32% to $515.54, and Amphenol Corp. Cl A $(APH)$ rose 1.75% to $124.79.
Trading volume (756,545) remained 611,674 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 16:46 ET (20:46 GMT)
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