Dover's Share Price Hits 52-Week High: What's Aiding the Stock?

Dover Corporation (DOV) shares scaled a new 52-week high of $193.12 on Tuesday before closing the session lower at $192.63. The increase was fueled by the news of Dover's subsidiary Caldera's innovative product launch on Sept. 18 and the company's strategic actions. DOV has a market capitalization of $26.3 billion. The company's shares have gained 36.8%, outperforming the industry's growth of 31.8% and the S&P 500 index's rise of 33.6%. Image Source: Zacks Investment Research What's Aiding Dover's Stock Per ...