DJ Dover Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Dover Corp. $(DOV)$ inched 0.85% higher to $180.96 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.18% to 5,354.03 and the Dow Jones Industrial Average rising 0.25% to 38,807.33.
The stock's rise snapped a two-day losing streak.
Dover Corp. closed $7.68 short of its 52-week high ($188.64), which the company achieved on May 28th.
The stock underperformed when compared to some of its competitors Wednesday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 1.72% to $267.85, Paccar Inc. $(PCAR)$ rose 3.84% to $110.01, and Ingersoll Rand Inc. $(IR)$ rose 2.01% to $89.73.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 5, 2024.
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(END) Dow Jones Newswires
June 05, 2024 17:06 ET (21:06 GMT)
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