Illinois Tool Works Inc. stock rises Monday, still underperforms market
Shares of Illinois Tool Works Inc.
ITW,
inched 0.36% higher to $202.49 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.86% to 3,973.75 and the Dow Jones Industrial Average
DJIA,
rising 1.98% to 31,880.24. This was the stock’s second consecutive day of gains. Illinois Tool Works Inc. closed $47.32 short of its 52-week high ($249.81), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Monday, as 3M Co.
MMM,
rose 0.38% to $144.38, Parker Hannifin Corp.
PH,
rose 1.11% to $261.63, and Stanley Black & Decker Inc.
SWK,
rose 1.18% to $117.72. Trading volume (1.0 M) remained 145,684 below its 50-day average volume of 1.2 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.