Stanley Black & Decker Inc. Stock Falls 5.7%, Underperforms Competitors

Dow Jones
04-08

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

Shares of Stanley Black & Decker Inc. shed 5.7% to $59.27 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.2% to 5,062.25 and Dow Jones Industrial Average falling 0.9% to 37,965.60.

This was the stock's third consecutive day of losses.

Stanley Black & Decker Inc. closed 46.5% below its 52-week high of $110.88, which the company reached on September 27th.

The stock underperformed when compared to some of its competitors, as $Danaher Corp(DHR-W)$. fell 0.6% to $180.62, Illinois Tool Works Inc. fell 1.7% to $221.75, and Parker Hannifin Corp. rose 2.79% to $531.65.

Trading volume totaled 6.4 million, compared to the 50-day average of 2.1 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 07, 2025 16:33 ET (20:33 GMT)

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