DJ Stanley Black & Decker Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Stanley Black & Decker Inc. $(SWK)$ advanced 1.59% to $85.80 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's rise snapped a six-day losing streak.
Stanley Black & Decker Inc. closed $25.08 below its 52-week high ($110.88), which the company achieved on September 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 2.52% to $235.91 and Illinois Tool Works Inc. $(ITW)$ rose 0.20% to $274.07.
Trading volume (2.7 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:16 ET (22:16 GMT)
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