DJ Flowserve Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Flowserve Corp. $(FLS)$ slid 0.70% to $53.76 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
The stock's fall snapped a three-day winning streak.
Flowserve Corp. closed $2.14 below its 52-week high ($55.90), which the company achieved on October 17th.
The stock underperformed when compared to some of its competitors Wednesday, as IDEX Corp. (IEX) rose 7.24% to $218.64, Graco Inc. $(GGG)$ rose 0.13% to $81.61, and Parker Hannifin Corp. $(PH)$ fell 0.13% to $624.29.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:25 ET (21:25 GMT)
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