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Shares of Dow Inc. (DOW) inched 0.78% higher to $48.97 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.83% to 3,979.87 and the Dow Jones Industrial Average rising 1.40% to 31,581.28. The stock's rise snapped a seven-day losing streak. Dow Inc. closed $22.89 short of its 52-week high ($71.86), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Linde PLC (LIN) rose 3.21% to $285.83, Air Products & Chemicals Inc. (APD) rose 3.09% to $253.78, and DuPont de Nemours Inc. (DD) rose 3.71% to $56.26. Trading volume (6.5 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2022.
(END) Dow Jones Newswires
September 07, 2022 16:49 ET (20:49 GMT)
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