DJ Estee Lauder Cos. Cl A Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Estee Lauder Cos. Cl A $(EL)$ inched 0.10% higher to $139.31 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,203.58 and Dow Jones Industrial Average falling 0.08% to 39,282.33.
The stock's rise snapped a three-day losing streak.
Estee Lauder Cos. Cl A closed $121.15 below its 52-week high ($260.46), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson $(JNJ)$ rose 0.35% to $155.77 and Procter & Gamble Co. $(PG)$ rose 0.22% to $160.55.
Trading volume (2.3 M) remained 589,345 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2024.
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(END) Dow Jones Newswires
March 26, 2024 16:53 ET (20:53 GMT)
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