Pentair PLC stock underperforms Thursday when compared to competitors
Shares of Pentair PLC $Pantoro Ltd (PNR.AU)$ slid 1.73% to $80.61 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index $S&P 500 Index (.SPX.US)$ $Spenda Ltd (SPX.AU)$ falling 0.29% to 5,150.48 and Dow Jones Industrial Average DJIA, -0.35% falling 0.35% to 38,905.66.
The stock's fall snapped a three-day winning streak.
Pentair PLC closed $1.96 below its 52-week high ($82.57), which the company reached on March 12th.
The stock underperformed when compared to some of its competitors Thursday, as Dover Corp. fell 1.21% to 175.07, Ingersoll Rand Inc. rose 0.53% to $91.01, and Xylem Inc. fell 0.05% to $127.96.
Trading volume (1.2 M) remained 500,271 below its 50-day average volume of 1.7 M.
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Wealthy Leio OP : It's a sad story.