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 0.52% to $55.22 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's fourth consecutive day of losses. Loews Corp. closed $12.98 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 Thursday, as Chubb Ltd. (CB) fell 0.43% to $209.64, Progressive Corp. (PGR) fell 0.32% to $127.32, and Travelers Cos. Inc. (TRV) fell 0.27% to $181.82. Trading volume (554,495) remained 344,074 below its 50-day average volume of 898,569.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 17:05 ET (21:05 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.