Dow Inc. Stock Falls Friday, Underperforms Market
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Shares of Dow Inc. (DOW) dropped 0.29% to $47.48 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's second consecutive day of losses. Dow Inc. closed $24.38 short of its 52-week high ($71.86), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Linde PLC (LIN) rose 2.91% to $301.80, Air Products & Chemicals Inc. (APD) rose 2.16% to $254.44, and DuPont de Nemours Inc. (DD) rose 1.39% to $57.56. Trading volume (6.9 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 16:49 ET (20:49 GMT)
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