Globe Life Inc. Stock Falls 8.1%, Underperforms Peers

Dow Jones10-24

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Globe Life Inc. slid 8.1% to $154.79 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,623.68 and Dow Jones Industrial Average falling 1.2% to 52,215.16.

This was the stock's third consecutive day of losses.

Globe Life Inc. closed 19.2% short of its 52-week high of $191.55, which the company achieved on July 17th.

The stock underperformed when compared to some of its peers, as Chubb Ltd. fell 2.4% to $355.11, MetLife Inc. fell 4.6% to $98.82, and Prudential Financial Inc. fell 2.69% to $114.99.

Trading volume totaled 1.6 million, compared to the 50-day average of 464,796.

Data source: Dow Jones Market Data, FactSet

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