Shares of Flowserve Corp. FLS, 0.00% sank 0.90% to $34.25 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.35% rising 1.13% to 4,511.61 and the Dow Jones Industrial Average DJIA, -0.70% rising 0.74% to 34,807.46. Flowserve Corp. closed $10.14 short of its 52-week high ($44.39), which the company achieved on June 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. ITW, -0.25% rose 0.24% to $212.50, Parker Hannifin Corp. PH, -0.44% rose 0.59% to $290.22, and Dover Corp. DOV, 0.07% rose 0.78% to $159.39. Trading volume (1.4 M) remained 182,999 below its 50-day average volume of 1.6 M.