DJ Leggett & Platt Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Leggett & Platt Inc. $(LEG)$ cratered 26.67% to $13.25 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 37,903.29 and the S&P 500 Index falling 0.34% to 5,018.39.
This was the stock's second consecutive day of losses.
Leggett & Platt Inc. closed $19.86 below its 52-week high ($33.11), which the company achieved on May 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Tempur Sealy International Inc. $(TPX)$ fell 0.10% to $50.01, Sleep Number Corp. $(SNBR)$ rose 1.58% to $13.52, and La-Z-Boy Inc. $(LZB)$ fell 0.40% to $32.71.
Trading volume (15.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.
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(END) Dow Jones Newswires
May 01, 2024 17:31 ET (21:31 GMT)
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