Loews Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Loews Corp. (L) shed 0.86% to $55.49 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's second consecutive day of losses. Loews Corp. closed $12.71 short of 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 Monday, as Chubb Ltd. (CB) fell 0.56% to $205.10, Progressive Corp. (PGR) fell 2.57% to $122.98, and Travelers Cos. Inc. (TRV) rose 0.53% to $182.70. Trading volume (495,718) remained 381,155 below its 50-day average volume of 876,873.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 17:05 ET (22:05 GMT)
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