DJ Flowserve Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Flowserve Corp. $(FLS)$ inched 0.37% higher to $53.74 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's second consecutive day of gains.
Flowserve Corp. closed $2.16 below its 52-week high ($55.90), which the company reached on October 17th.
The stock underperformed when compared to some of its competitors Monday, as IDEX Corp. (IEX) rose 1.37% to $219.00, Graco Inc. $(GGG)$ rose 0.87% to $83.24, and Parker Hannifin Corp. $(PH)$ rose 0.47% to $638.00.
Trading volume (911,721) remained 351,718 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:26 ET (22:26 GMT)
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