DJ Loews Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Loews Corp. (L) advanced 1.64% to $84.80 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's third consecutive day of gains.
Loews Corp. closed 3.03% below its 52-week high of $87.45, which the company achieved on November 27th.
The stock outperformed some of its competitors Wednesday, as Chubb Ltd. $(CB)$ rose 1.09% to $268.41, Progressive Corp. $(PGR)$ rose 1.13% to $242.47, and Travelers Cos. Inc. $(TRV)$ rose 1.29% to $239.98.
Trading volume (837,401) eclipsed its 50-day average volume of 799,460.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 17:49 ET (22:49 GMT)
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