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Shares of Loews Corp. (L) rose 3.47% to $55.50 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. The stock's rise snapped a two-day losing streak. Loews Corp. closed $12.70 below its 52-week high ($68.20), which the company achieved on April 21st.
The stock outperformed some of its competitors Friday, as Chubb Ltd. (CB) rose 2.90% to $197.79, Progressive Corp. (PGR) rose 3.02% to $122.45, and Travelers Cos. Inc. (TRV) rose 3.14% to $176.23. Trading volume (874,328) remained 15,052 below its 50-day average volume of 889,380.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:05 ET (21:05 GMT)
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