DJ Newell Brands Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Newell Brands Inc. $(NWL)$ rallied 1.21% to $9.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
This was the stock's second consecutive day of gains.
Newell Brands Inc. closed $0.46 below its 52-week high ($9.68), which the company reached on October 28th.
The stock underperformed when compared to some of its competitors Friday, as Procter & Gamble Co. $(PG)$ rose 2.63% to $167.71.
Trading volume (5.6 M) remained 1.9 million below its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 17:29 ET (22:29 GMT)
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