DJ Stanley Black & Decker Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Stanley Black & Decker Inc. $(SWK)$ slid 3.29% to $85.17 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Stanley Black & Decker Inc. closed 23.19% below its 52-week high of $110.88, which the company reached on September 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ fell 3.81% to $214.26, Illinois Tool Works Inc. $(ITW)$ fell 1.44% to $255.44, and Parker Hannifin Corp. $(PH)$ fell 1.60% to $695.77.
Trading volume (2.5 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 17:17 ET (22:17 GMT)
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