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Shares of Loews Corp. (L) slipped 1.67% to $57.02 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. The stock's fall snapped a three-day winning streak. Loews Corp. closed $11.18 below its 52-week high ($68.20), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. (CB) rose 0.18% to $214.89, Progressive Corp. (PGR) fell 1.00% to $128.40, and Travelers Cos. Inc. (TRV) rose 1.37% to $184.46. Trading volume (1.0 M) eclipsed its 50-day average volume of 896,668.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 17:05 ET (21:05 GMT)
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