DJ Parker Hannifin Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Parker Hannifin Corp. $(PH)$ slipped 1.09% to $636.82 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's third consecutive day of losses.
Parker Hannifin Corp. closed $75.60 short of its 52-week high ($712.42), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ fell 0.63% to $229.65, Honeywell International Inc. $(HON)$ fell 1.27% to $226.60, and Eaton Corp. PLC $(ETN)$ fell 0.67% to $332.38.
Trading volume (336,192) remained 291,638 below its 50-day average volume of 627,830.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 16:45 ET (21:45 GMT)
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