Loews Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Loews Corp. (L) rose 1.05% to $56.62 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's fourth consecutive day of gains. Loews Corp. closed $11.58 below its 52-week high ($68.20), which the company reached on April 21st.
The stock outperformed some of its competitors Friday, as Chubb Ltd. (CB) rose 0.53% to $210.14, Progressive Corp. (PGR) rose 0.27% to $128.36, and Travelers Cos. Inc. (TRV) rose 0.89% to $184.56. Trading volume (761,540) remained 89,162 below its 50-day average volume of 850,702.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 17:05 ET (22:05 GMT)
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