DJ Ralph Lauren Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of Ralph Lauren Corp. Cl A $(RL)$ slid 0.94% to $165.16 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,187.67 and the Dow Jones Industrial Average rising 0.44% to 39,056.39.
The stock's fall snapped a four-day winning streak.
Ralph Lauren Corp. Cl A closed $26.87 below its 52-week high ($192.03), which the company achieved on March 21st.
The stock underperformed when compared to some of its competitors Wednesday, as VF Corp. $(VFC)$ fell 0.63% to $12.59, Tapestry Inc. (TPR) fell 0.03% to $38.98, and Levi Strauss & Co. Cl A $(LEVI)$ fell 0.68% to $21.98.
Trading volume (684,921) remained 322,016 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2024.
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(END) Dow Jones Newswires
May 08, 2024 17:21 ET (21:21 GMT)
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