DJ IDEX Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of IDEX Corp. (IEX) slipped 4.74% to $211.65 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
IDEX Corp. closed $34.71 short of its 52-week high ($246.36), which the company reached on March 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Otis Worldwide Corp. $(OTIS)$ fell 2.58% to $93.85, Mettler-Toledo International Inc. $(MTD)$ fell 2.60% to $1,214.44, and Ametek Inc. $(AME.AU)$ fell 3.19% to $180.76.
Trading volume (537,476) remained 17,610 below its 50-day average volume of 555,086.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:13 ET (22:13 GMT)
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