Loews Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Loews Corp. (L) sank 0.16% to $55.76 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. The stock's fall snapped a two-day winning streak. Loews Corp. closed $12.44 below its 52-week high ($68.20), which the company achieved on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Chubb Ltd. (CB) fell 0.96% to $201.43, Progressive Corp. (PGR) fell 0.93% to $122.11, and Travelers Cos. Inc. (TRV) fell 2.06% to $176.09.true Trading volume (715,544) remained 180,361 below its 50-day average volume of 895,905.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 17:05 ET (21:05 GMT)
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