DJ Loews Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Loews Corp. (L) slid 1.25% to $85.00 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's fall snapped a two-day winning streak.
Loews Corp. closed $2.45 below its 52-week high ($87.45), which the company achieved on November 27th.
Despite its losses, the stock outperformed some of its competitors Monday, as Chubb Ltd. $(CB)$ fell 2.12% to $277.32, Progressive Corp. $(PGR)$ fell 2.63% to $247.86, and Travelers Cos. Inc. $(TRV)$ fell 3.53% to $251.92.
Trading volume (598,611) remained 117,498 below its 50-day average volume of 716,109.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:11 ET (22:11 GMT)
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