DJ Estee Lauder Cos. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of Estee Lauder Cos. Cl A $(EL)$ shed 1.09% to $147.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,071.63 and the Dow Jones Industrial Average falling 0.11% to 38,460.92.
The stock's fall snapped a two-day winning streak.
Estee Lauder Cos. Cl A closed $103.27 short of its 52-week high ($250.63), which the company reached on May 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ fell 0.69% to $148.53 and Procter & Gamble Co. $(PG)$ rose 0.68% to $162.60.
Trading volume (1.8 M) remained 380,244 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2024.
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(END) Dow Jones Newswires
April 24, 2024 16:51 ET (20:51 GMT)
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