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Shares of Loews Corp. (L) rallied 1.13% to $53.60 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.65% to 3,677.95 and the Dow Jones Industrial Average rising 1.86% to 30,185.82. Loews Corp. closed $14.60 short of its 52-week high ($68.20), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Chubb Ltd. (CB) rose 2.08% to $192.69, Progressive Corp. (PGR) rose 3.19% to $119.59, and Travelers Cos. Inc. (TRV) rose 0.92% to $164.80. Trading volume (888,845) eclipsed its 50-day average volume of 884,059.
Data source: Dow Jones Market Data, FactSet. Data compiled October 17, 2022.
(END) Dow Jones Newswires
October 17, 2022 17:05 ET (21:05 GMT)
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