Loews Corp. Stock Rises Tuesday, Still Underperforms Market

Tapestry Inc

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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Mid Cap Value

Company profile

Tapestry, Inc. is a global house of luxury accessories and lifestyle brands. The Company's brands include Coach, Kate spade New York, and Stuart Weitzman. The Company operates through three segments: Coach, Kate Spade and Stuart Weitzman. The Coach segment includes global sales of Coach products to customers through Coach operated stores, including e-commerce sites and concession shop-in-shops, and sales to wholesale customers and through independent third-party distributors. The Kate Spade segment includes global sales primarily of Kate Spade New York brand products to customers through Kate Spade operated stores, including e-commerce sites and concession shop-in-shops, sales to wholesale customers, and through independent third-party distributors. The Stuart Weitzman segment includes global sales of Stuart Weitzman brand products primarily through Stuart Weitzman operated stores, sales to wholesale customers, through e-commerce sites, and through independent third-party distributors.

Loews Corp. Stock Rises Tuesday, Still Underperforms Market

5:05 pm ET November 22, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Loews Corp. (L) inched 0.62% higher to $57.10 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's sixth consecutive day of gains. Loews Corp. closed $11.10 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 Tuesday, as Chubb Ltd. (CB) rose 1.25% to $213.02, Progressive Corp. (PGR) rose 0.22% to $130.09, and Travelers Cos. Inc. (TRV) rose 0.85% to $187.13. Trading volume (539,469) remained 304,734 below its 50-day average volume of 844,203.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.

(END) Dow Jones Newswires

November 22, 2022 17:05 ET (22:05 GMT)