Loews Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Loews Corp. (L) inched 0.45% higher to $55.47 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a four-day losing streak. Loews Corp. closed $12.73 below its 52-week high ($68.20), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Chubb Ltd. (CB) fell 0.23% to $209.16, Progressive Corp. (PGR) fell 0.55% to $126.62, and Travelers Cos. Inc. (TRV) rose 0.68% to $183.06. Trading volume (687,628) remained 206,932 below its 50-day average volume of 894,560.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:05 ET (21:05 GMT)
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