DJ Stanley Black & Decker Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Stanley Black & Decker Inc. $(SWK)$ shed 3.82% to $79.07 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's third consecutive day of losses.
Stanley Black & Decker Inc. closed $31.81 short of its 52-week high ($110.88), which the company achieved on September 27th.
The stock underperformed when compared to some of its competitors Wednesday, as $Danaher Corp(DHR-W)$. $(DHR)$ fell 2.24% to $228.30 and Illinois Tool Works Inc. $(ITW)$ fell 2.48% to $261.23.
Trading volume (1.7 M) remained 52,844 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:17 ET (22:17 GMT)
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