Marsh & McLennan Cos. Stock Falls Wednesday, Underperforms Market

Dow Jones2023-06-01

DJ Marsh & McLennan Cos. Stock Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Marsh & McLennan Cos. $(MMC)$ slumped 0.65% to $173.18 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.

The stock's fall snapped a three-day winning streak.

Marsh & McLennan Cos. closed $9.25 below its 52-week high ($182.43), which the company reached on May 1st.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ fell 0.81% to $305.92, Chubb Ltd. $(CB)$ fell 2.26% to $185.80, and American International Group Inc. $(AIG)$ fell 3.45% to $52.83.

Trading volume (5.3 M) eclipsed its 50-day average volume of 1.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 31, 2023 17:11 ET (21:11 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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Stock Falls Wednesday, Underperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n  Shares of Marsh & McLennan Cos. $(MMC)$ slumped 0.65% to $173.18 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index  falling 0.61% to 4,179.83 and Dow Jones Industrial Average  falling 0.41% to 32,908.27. \n\n\n  The stock's fall snapped a three-day winning streak. \n\n\n  Marsh & McLennan Cos. closed $9.25 below its 52-week high ($182.43), which the company reached on May 1st. \n\n\n  Despite its losses, the stock outperformed some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ fell 0.81% to $305.92, Chubb Ltd. $(CB)$ fell 2.26% to $185.80, and American International Group Inc. $(AIG)$ fell 3.45% to $52.83. \n\n\n  Trading volume (5.3 M) eclipsed its 50-day average volume of 1.6 M. \n\n\n  Data source: Dow Jones Market Data, FactSet. 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