Eastman Chemical Co. Stock Rises Monday, Still Underperforms Market

Dow Jones09-10

DJ Eastman Chemical Co. Stock Rises Monday, Still Underperforms Market

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

Shares of Eastman Chemical Co. $(EMN)$ inched 0.86% higher to $98.01 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.16% to 5,471.05 and the Dow Jones Industrial Average rising 1.20% to 40,829.59.

The stock's rise snapped a four-day losing streak.

Eastman Chemical Co. closed $7.97 below its 52-week high ($105.98), which the company achieved on June 12th.

The stock underperformed when compared to some of its competitors Monday, as Exxon Mobil Corp. $(XOM)$ rose 2.10% to $115.01.

Trading volume (1.3 M) eclipsed its 50-day average volume of 835,237.

Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2024.

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

September 09, 2024 17:19 ET (21:19 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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