DJ Loews Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Loews Corp. (L) inched 0.22% higher to $83.37 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's third consecutive day of gains.
Loews Corp. closed $4.08 short of its 52-week high ($87.45), which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. $(CB)$ rose 0.80% to $275.38, Progressive Corp. $(PGR)$ rose 0.43% to $241.01, and Travelers Cos. Inc. $(TRV)$ rose 0.25% to $241.36.
Trading volume (835,195) eclipsed its 50-day average volume of 768,974.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 17:16 ET (22:16 GMT)
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