Fortive Corp. Stock Falls 7.1%, Underperforms Peers
Dow Jones2026/07/29 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Fortive Corp. slipped 7.1% to $59.54 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.5% to 7,316.15 and Dow Jones Industrial Average falling 2.2% to 51,594.14.
The stock's fall snapped a four-day winning streak.
Fortive Corp. closed 7.8% below its 52-week high of $64.56, which the company achieved on July 28th.
The stock underperformed when compared to some of its peers, as Emerson Electric Co. fell 4.0% to $145.73, Keysight Technologies Inc. fell 2.8% to $296.72, and Mettler-Toledo International Inc. remained unchanged.
Trading volume totaled 6.8 million, compared to the 50-day average of 3.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 29, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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