NortonLifeLock Inc. Stock Falls Tuesday, Still Outperforms Market

A O Smith Corp

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Industrials : Building Products | Mid Cap Blend

Company profile

A. O. Smith Corporation is a provider of water heating and water treatment solutions. The Company operates through two segments: North America and Rest of World. The Rest of World segment is comprised of China, Europe, and India. Both segments manufacture and market a range of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Both segments primarily manufacture and market in their respective regions of the world. The North America segment also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brands in the United States. It sells its Aquasana branded products directly to consumers through e-commerce as well as online retailers. Its water softener branded products and problem well water solutions include Hague, Water-Right, and Master Water, which are sold through water quality dealers.

NortonLifeLock Inc. Stock Falls Tuesday, Still Outperforms Market

5:10 pm ET May 24, 2022 (MarketWatch) Print

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

Shares of NortonLifeLock Inc. (NLOK) slumped 0.12% to $24.62 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.15% to 31,928.62 and the S&P 500 Index falling 0.81% to 3,941.48. The stock's fall snapped a two-day winning streak. NortonLifeLock Inc. closed $6.30 below its 52-week high ($30.92), which the company reached on February 10th.

Despite its losses, the stock outperformed some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.40% to $259.62, Adobe Inc. (ADBE) fell 2.05% to $398.41, and Oracle Corp. (ORCL) fell 1.44% to $69.03.true Trading volume (9.0 M) eclipsed its 50-day average volume of 5.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2022.

(END) Dow Jones Newswires

May 24, 2022 17:10 ET (21:10 GMT)