DJ Newell Brands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Newell Brands Inc. $(NWL)$ slipped 1.09% to $9.08 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
Newell Brands Inc. closed $0.60 short of its 52-week high ($9.68), which the company reached on October 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co. $(PG)$ rose 0.45% to $166.58.
Trading volume (3.2 M) remained 4.2 million below its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:29 ET (22:29 GMT)
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