DJ Parker Hannifin Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Parker Hannifin Corp. $(PH)$ inched 0.10% higher to $690.43 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's rise snapped a two-day losing streak.
Parker Hannifin Corp. closed $21.17 short of its 52-week high ($711.60), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 0.98% to $233.10, Honeywell International Inc. $(HON)$ fell 0.67% to $226.67, and Eaton Corp. PLC $(ETN)$ fell 0.89% to $360.46.
Trading volume (377,660) remained 218,995 below its 50-day average volume of 596,655.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:44 ET (21:44 GMT)
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