DJ Dover Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Dover Corp. $(DOV)$ inched 0.14% higher to $201.74 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's rise snapped a six-day losing streak.
Dover Corp. closed $6.52 short of its 52-week high ($208.26), which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 2.52% to $235.91, Paccar Inc. $(PCAR)$ fell 0.91% to $114.83, and Ingersoll Rand Inc. $(IR)$ rose 0.25% to $102.54.
Trading volume (475,208) remained 342,800 below its 50-day average volume of 818,008.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:04 ET (22:04 GMT)
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