DJ Flowserve Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Flowserve Corp. $(FLS)$ inched 0.69% higher to $52.53 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 5,745.37 and the Dow Jones Industrial Average rising 0.62% to 42,175.11.
This was the stock's fourth consecutive day of gains.
Flowserve Corp. closed $1.33 short of its 52-week high ($53.86), which the company achieved on September 25th.
The stock underperformed when compared to some of its competitors Thursday, as IDEX Corp. (IEX) rose 2.09% to $213.41, Graco Inc. $(GGG)$ rose 2.27% to $86.81, and Parker Hannifin Corp. $(PH)$ rose 2.18% to $635.40.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 26, 2024.
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(END) Dow Jones Newswires
September 26, 2024 17:29 ET (21:29 GMT)
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