Shares of Flowserve Corp. FLS, +1.13% advanced 1.13% to $30.47 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.86% rising 1.86% to 3,973.75 and the Dow Jones Industrial Average DJIA, +1.98% rising 1.98% to 31,880.24. The stock’s rise snapped a three-day losing streak. Flowserve Corp. closed $13.92 short of its 52-week high ($44.39), which the company achieved on June 8th.
The stock outperformed some of its competitors Monday, as Illinois Tool Works Inc. ITW, +0.36% rose 0.36% to $202.49, Parker Hannifin Corp. PH, +1.11% rose 1.11% to $261.63, and Dover Corp. DOV, +0.02% rose 0.02% to $130.80. Trading volume (552,667) remained 885,892 below its 50-day average volume of 1.4 M.