DJ Allstate Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Allstate Corp. $(ALL)$ inched 0.16% higher to $203.80 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's third consecutive day of gains.
Allstate Corp. hit a new 52-week high, surpassing its previous peak of $203.54, which the company reached on November 21st.
The stock underperformed when compared to some of its competitors Friday, as Progressive Corp. $(PGR)$ rose 0.99% to $266.06, Travelers Cos. Inc. $(TRV)$ rose 0.64% to $262.47, and Hartford Financial Services Group Inc. $(HIG)$ rose 0.90% to $120.72.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:52 ET (21:52 GMT)
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