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Shares of Loews Corp. (L) shed 1.65% to $53.64 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.80% to 3,665.78 and Dow Jones Industrial Average falling 0.30% to 30,333.59. This was the stock's second consecutive day of losses. Loews Corp. closed $14.56 short of its 52-week high ($68.20), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Chubb Ltd. (CB) fell 1.92% to $192.21, Progressive Corp. (PGR) fell 1.93% to $118.86, and Travelers Cos. Inc. (TRV) fell 1.89% to $170.87.true Trading volume (624,633) remained 266,530 below its 50-day average volume of 891,163.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2022.
(END) Dow Jones Newswires
October 20, 2022 17:05 ET (21:05 GMT)
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