Snap-On Inc. stock falls Thursday, underperforms market

Snap-On Inc. stock falls Thursday, underperforms market

Shares of Snap-On Inc. SNA, -0.05% slumped 0.05% to $280.00 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.80% rising 0.80% to 4,585.59 and the Dow Jones Industrial Average DJIA, +0.17% rising 0.17% to 36,117.38.

Snap-On Inc. closed $17.26 short of its 52-week high ($297.26), which the company reached on July 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Danaher Corp. DHR, -0.83% fell 0.83% to $218.92 and Illinois Tool Works Inc. ITW, +0.28% rose 0.28% to $247.57.

Trading volume (228,760) remained 2,255 below its 50-day average volume of 231,015.

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