DJ Loews Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Loews Corp. (L) slid 2.87% to $81.13 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a two-day winning streak.
Loews Corp. closed $6.32 short of its 52-week high ($87.45), which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Chubb Ltd. $(CB)$ fell 3.35% to $257.71, Progressive Corp. $(PGR)$ fell 1.41% to $235.61, and Travelers Cos. Inc. $(TRV)$ fell 4.26% to $232.43.
Trading volume (860,785) eclipsed its 50-day average volume of 798,314.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 17:14 ET (22:14 GMT)
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