Ingersoll Rand Inc. Stock Rallies 5.3%, Outperforms Peers

Dow Jones08-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Ingersoll Rand Inc. rose 5.3% to $87.78 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,600.50 and the Dow Jones Industrial Average rising 1.3% to 53,178.41.

The stock's rise snapped a three-day losing streak.

Ingersoll Rand Inc. closed 13.1% short of its 52-week high of $100.96, which the company achieved on February 13th.

The stock outperformed some of its peers, as Deere & Co. rose 2.1% to $605.06, Dover Corp. rose 0.5% to $205.72, and IDEX Corp. rose 0.98% to $232.70.

Trading volume totaled 5.7 million, compared to the 50-day average of 4.3 million.

Data source: Dow Jones Market Data, FactSet

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