DJ Flowserve Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Flowserve Corp. $(FLS)$ slumped 0.88% to $59.90 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
Flowserve Corp. closed $1.71 below its 52-week high ($61.61), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as IDEX Corp. (IEX) rose 1.33% to $231.00, Graco Inc. $(GGG)$ rose 0.44% to $88.51, and Parker Hannifin Corp. $(PH)$ rose 1.02% to $706.46.
Trading volume (995,983) remained 372,659 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:25 ET (22:25 GMT)
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