DJ Ametek Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Ametek Inc. $(AME)$ inched 0.34% higher to $191.57 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of gains.
Ametek Inc. closed $0.63 below its 52-week high ($192.20), which the company reached on November 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Emerson Electric Co. $(EMR)$ rose 1.52% to $129.20, Amphenol Corp. Cl A $(APH)$ fell 0.62% to $73.41, and Mettler-Toledo International Inc. $(MTD)$ fell 4.58% to $1,250.07.
Trading volume (1.2 M) remained 18,477 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 16:55 ET (21:55 GMT)
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