DJ Flowserve Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Flowserve Corp. $(FLS)$ inched 0.03% higher to $60.85 Monday, on what proved to be an all-around grim 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 two-day losing streak.
Flowserve Corp. closed $1.47 short of its 52-week high ($62.32), which the company reached on December 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as IDEX Corp. (IEX) fell 0.03% to $229.65, Graco Inc. $(GGG)$ rose 0.98% to $90.39, and Parker Hannifin Corp. $(PH)$ fell 1.46% to $686.00.
Trading volume (969,672) remained 309,439 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:25 ET (22:25 GMT)
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