DJ Marsh & McLennan Cos. Stock Rises Wednesday, Still Underperforms Market
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Shares of Marsh & McLennan Cos. $(MMC)$ inched 0.77% higher to $223.25 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's fourth consecutive day of gains.
Marsh & McLennan Cos. closed $9.07 short of its 52-week high ($232.32), which the company reached on September 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ rose 3.08% to $356.13, Chubb Ltd. $(CB)$ rose 0.98% to $280.01, and American International Group Inc. $(AIG)$ rose 2.16% to $77.02.
Trading volume (2.7 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:43 ET (21:43 GMT)
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