Loews Corp. Stock Rises Tuesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Loews Corp. (L) inched 0.16% higher to $55.58 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. The stock's rise snapped a two-day losing streak. Loews Corp. closed $12.62 short of its 52-week high ($68.20), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Chubb Ltd. (CB) rose 0.75% to $206.63, Progressive Corp. (PGR) rose 0.07% to $123.06, and Travelers Cos. Inc. (TRV) fell 1.75% to $179.50. Trading volume (679,354) remained 190,964 below its 50-day average volume of 870,318.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 17:05 ET (22:05 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.