Flowserve Corp. Stock Outperforms Competitors On Strong Trading Day

Dow Jones11-07

DJ Flowserve Corp. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Flowserve Corp. $(FLS)$ advanced 7.72% to $59.57 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.

This was the stock's fourth consecutive day of gains.

Flowserve Corp. hit a new 52-week high, surpassing its previous peak of $55.90, which the company achieved on October 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as IDEX Corp. (IEX) rose 4.53% to $234.90, Graco Inc. $(GGG)$ rose 4.92% to $88.76, and Parker Hannifin Corp. $(PH)$ rose 8.57% to $709.46.

Trading volume (2.6 M) eclipsed its 50-day average volume of 1.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 06, 2024 17:27 ET (22:27 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Outperforms Competitors On Strong Trading Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Flowserve Corp. $(FLS)$ advanced 7.72% to $59.57 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index  rising 2.53% to 5,929.04 and the Dow Jones Industrial Average  rising 3.57% to 43,729.93. \n\n\n     This was the stock's fourth consecutive day of gains. \n\n\n     Flowserve Corp. hit a new 52-week high, surpassing its previous peak of $55.90, which the company achieved on October 17th. \n\n\n     The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as IDEX Corp. 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