DJ Flowserve Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Flowserve Corp. $(FLS)$ slipped 2.02% to $47.60 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.39% to 5,521.52 and Dow Jones Industrial Average falling 1.30% to 40,813.57.
The stock's fall snapped a two-day winning streak.
Flowserve Corp. closed 26.86% short of its 52-week high of $65.08, which the company reached on January 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as IDEX Corp. (IEX) fell 2.02% to $178.23, Graco Inc. $(GGG)$ fell 1.21% to $82.74, and Parker Hannifin Corp. $(PH)$ fell 3.50% to $591.65.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.
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(END) Dow Jones Newswires
March 13, 2025 17:27 ET (21:27 GMT)
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