Eastman Chemical Co. Stock Rallies 5.0%, Outperforms Market

Dow Jones
03-05

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

Shares of Eastman Chemical Co. rose 5.0% to $97.73 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.1% to 5,842.63 and the Dow Jones Industrial Average rising 1.1% to 43,006.59.

The stock's rise snapped a two-day losing streak.

Eastman Chemical Co. closed 14.6% short of its 52-week high of $114.50, which the company reached on September 27th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Exxon Mobil Corp. fell 2.0% to $105.44, Dow Inc. rose 6.1% to $37.78, and Corteva Inc. rose 2.27% to $61.16.

Trading volume totaled 1.2 million, compared to the 50-day average of 1.1 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 05, 2025 16:35 ET (21:35 GMT)

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