Loews Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Loews Corp. (L) inched 0.34% higher to $56.81 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fifth consecutive day of gains. Loews Corp. closed $11.39 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 Monday, as Chubb Ltd. (CB) rose 0.11% to $210.38, Progressive Corp. (PGR) rose 1.13% to $129.81, and Travelers Cos. Inc. (TRV) rose 0.54% to $185.55. Trading volume (446,966) remained 403,588 below its 50-day average volume of 850,554.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:05 ET (22:05 GMT)
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