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Shares of Loews Corp. (L) inched 0.63% higher to $55.85 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 3,797.34 and the Dow Jones Industrial Average rising 1.34% to 31,499.62. This was the stock's second consecutive day of gains. Loews Corp. closed $12.35 below its 52-week high ($68.20), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. (CB) rose 2.83% to $203.38, Progressive Corp. (PGR) rose 0.66% to $123.26, and Travelers Cos. Inc. (TRV) rose 2.02% to $179.79. Trading volume (603,090) remained 293,791 below its 50-day average volume of 896,881.
Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2022.
(END) Dow Jones Newswires
October 24, 2022 17:05 ET (21:05 GMT)
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