Shares of Flowserve Corp. FLS, -0.79% slumped 0.79% to $41.22 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 4,769.83 and Dow Jones Industrial Average DJIA, -0.05% falling 0.05% to 37,689.54.
This was the stock’s third consecutive day of losses.
Flowserve Corp. closed $0.77 short of its 52-week high ($41.99), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Friday, as IDEX Corp. IEX, +0.02% rose 0.02% to $217.11, Graco Inc. GGG, -0.10% fell 0.10% to $86.76, and Parker Hannifin Corp. PH, -0.27% fell 0.27% to $460.70.
Trading volume (416,132) remained 496,711 below its 50-day average volume of 912,843.