DJ IDEX Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of IDEX Corp. (IEX) dropped 0.20% to $224.20 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.17% to 5,308.15 and the Dow Jones Industrial Average rising 0.88% to 39,908.00.
This was the stock's third consecutive day of losses.
IDEX Corp. closed $22.16 below its 52-week high ($246.36), which the company achieved on March 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Otis Worldwide Corp. $(OTIS)$ rose 0.21% to $97.27, Mettler-Toledo International Inc. $(MTD)$ rose 1.59% to $1,519.89, and Ametek Inc. $(AME)$ rose 0.65% to $169.63.
Trading volume (247,357) remained 103,438 below its 50-day average volume of 350,795.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2024.
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(END) Dow Jones Newswires
May 15, 2024 17:15 ET (21:15 GMT)
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