Shares of Otis Worldwide Corp. OTIS, 0.51% slipped 0.40% to $64.75 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, 0.41% rising 0.12% to 29,239.19 and the S&P 500 Index SPX, 0.09% falling 0.65% to 3,588.84. This was the stock’s fourth consecutive day of losses. Otis Worldwide Corp. closed $23.47 below its 52-week high ($88.22), which the company achieved on January 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Parker Hannifin Corp. PH, -0.44% rose 0.84% to $255.00, Dover Corp. DOV, 0.13% fell 0.87% to $119.57, and Ingersoll Rand Inc. IR, 0.55% rose 0.58% to $45.42. Trading volume (1.4 M) remained 464,601 below its 50-day average volume of 1.9 M.