Loews Corp. Stock Outperforms Market Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Loews Corp. (L) slipped 1.73% to $55.51 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's third consecutive day of losses. Loews Corp. closed $12.69 below its 52-week high ($68.20), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Chubb Ltd. (CB) fell 1.38% to $210.54, Progressive Corp. (PGR) fell 1.00% to $127.73, and Travelers Cos. Inc. (TRV) fell 0.26% to $182.31. Trading volume (812,801) remained 83,439 below its 50-day average volume of 896,240.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:05 ET (21:05 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.