DJ Newell Brands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Newell Brands Inc. $(NWL)$ shed 0.34% to $8.82 Wednesday, on what proved to be an all-around favorable 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.
Newell Brands Inc. closed $0.86 short of its 52-week high ($9.68), which the company achieved on October 28th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Procter & Gamble Co. $(PG)$ fell 2.84% to $161.05.
Trading volume (6.0 M) remained 1.4 million below its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:31 ET (22:31 GMT)
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