DJ Progressive Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Progressive Corp. $(PGR)$ inched 0.29% higher to $256.52 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's rise snapped a three-day losing streak.
Progressive Corp. closed $7.33 short of its 52-week high ($263.85), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Chubb Ltd. $(CB)$ rose 0.25% to $288.73, American International Group Inc. $(AIG)$ rose 0.71% to $76.31, and Arthur J. Gallagher & Co. $(AJG)$ fell 0.34% to $293.59.
Trading volume (1.7 M) remained 582,091 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:39 ET (21:39 GMT)
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