Fortive Corp. Stock Underperforms Tuesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Fortive Corp. (FTV) shares fell 3.47% to $56.80 on Tuesday, underperforming competitors Emerson Electric, Keysight Technologies, and Mettler-Toledo during a broader market decline. This marks the fourth consecutive day of losses for Fortive, which is now trading 12.02% below its 52-week high. Trading volume reached 4.2 million, exceeding the 50-day average.
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Shares of Fortive Corp. (FTV) slipped 3.47% to $56.80 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.71% to 7,631.47 and Dow Jones Industrial Average falling 0.79% to 52,766.88.
This was the stock's fourth consecutive day of losses.
Fortive Corp. closed 12.02% below its 52-week high of $64.56, which the company achieved on July 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Emerson Electric Co. (EMR) fell 3.16% to $147.63, Keysight Technologies Inc. (KEYS) fell 1.06% to $319.27, and Mettler-Toledo International Inc. (MTD) fell 2.08% to $1,375.96.
Trading volume (4.2 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2026.
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09-01-26 1707ET