DJ Eastman Chemical Co. Stock Rises Tuesday, Still Underperforms Market
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Shares of Eastman Chemical Co. $(EMN)$ inched 0.83% higher to $100.88 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.23% to 5,782.76 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
The stock's rise snapped a two-day losing streak.
Eastman Chemical Co. closed $13.62 below its 52-week high ($114.50), which the company reached on September 27th.
The stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp. $(XOM)$ rose 0.30% to $118.96.
Trading volume (1.1 M) eclipsed its 50-day average volume of 865,225.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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(END) Dow Jones Newswires
November 05, 2024 17:18 ET (22:18 GMT)
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