Fluke Stock Trades On New York Exchange

Common stock for Fluke Corp. began trading on the New York Stock Exchange on Monday. The company switched its listing from the American Stock Exchange, where it has been traded since 1968.

Fluke, which manufactures calibrating and other electronic test tools, has about 7.8 million shares outstanding. The stock has traded in a 52-week range of $25.50 to $34.25. It closed at $39.13 on Friday and $39.375 on Monday.

“We’re pleased to be listed now on the New York Stock Exchange,” Fluke chief executive officer Bill Parzybok said. “We feel that the move to the NYSE reflects the company’s recent growth, as well as its long-term stability.”

Earlier, Fluke reported net income of $9.8 million for the first three quarters of its fiscal year ended Jan. 27. That was an increase of 72 percent from the same period a year ago.