Loews Corp. Stock Rises Wednesday, Outperforms Market
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Shares of Loews Corp. (L) inched 0.38% higher to $55.97 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. Loews Corp. closed $12.23 below 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 Wednesday, as Chubb Ltd. (CB) rose 1.35% to $204.15, Progressive Corp. (PGR) rose 0.67% to $122.93, and Travelers Cos. Inc. (TRV) rose 0.18% to $176.40. Trading volume (524,093) remained 374,923 below its 50-day average volume of 899,016.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 17:05 ET (21:05 GMT)
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