DJ Lincoln National Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lincoln National Corp. $(LNC)$ surged 12.39% to $36.84 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.
The stock's rise snapped a three-day losing streak.
Lincoln National Corp. hit a new 52-week high, surpassing its previous peak of $36.46, which the company achieved on August 1st.
The stock outperformed some of its competitors Wednesday, as MetLife Inc. $(MET)$ rose 6.53% to $83.25, Prudential Financial Inc. $(PRU)$ rose 6.28% to $127.73, and AFLAC Inc. $(AFL)$ rose 2.84% to $108.56.
Trading volume (3.6 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:30 ET (22:30 GMT)
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