DJ Loews Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Loews Corp. (L) shed 2.10% to $84.48 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
The stock's fall snapped a six-day winning streak.
Loews Corp. closed 3.40% short of its 52-week high of $87.45, which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Chubb Ltd. $(CB)$ fell 0.20% to $268.32, Progressive Corp. $(PGR)$ fell 0.76% to $239.17, and Travelers Cos. Inc. $(TRV)$ rose 3.16% to $246.72.
Trading volume (635,067) remained 148,791 below its 50-day average volume of 783,858.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 17:11 ET (22:11 GMT)
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