DJ Ametek Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Ametek Inc. $(AME)$ slid 0.72% to $188.95 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
The stock's fall snapped a three-day winning streak.
Ametek Inc. closed $3.25 short of its 52-week high ($192.20), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Thursday, as Emerson Electric Co. $(EMR)$ rose 0.26% to $127.19, Amphenol Corp. Cl A $(APH)$ rose 2.47% to $73.95, and Mettler-Toledo International Inc. $(MTD)$ rose 0.95% to $1,411.52.
Trading volume (821,835) remained 416,956 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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(END) Dow Jones Newswires
November 07, 2024 16:55 ET (21:55 GMT)
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