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Shares of Loews Corp. (L) slipped 0.93% to $56.49 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. This was the stock's second consecutive day of losses. Loews Corp. closed $11.71 short of its 52-week high ($68.20), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Chubb Ltd. (CB) fell 0.66% to $213.48, Progressive Corp. (PGR) rose 0.48% to $129.02, and Travelers Cos. Inc. (TRV) fell 0.91% to $182.78. Trading volume (1.0 M) eclipsed its 50-day average volume of 890,475.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.
(END) Dow Jones Newswires
November 01, 2022 17:05 ET (21:05 GMT)
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