DJ Eastman Chemical Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Eastman Chemical Co. $(EMN)$ slid 2.33% to $92.18 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
The stock's fall snapped a two-day winning streak.
Eastman Chemical Co. closed 19.49% below its 52-week high of $114.50, which the company achieved on September 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. $(XOM)$ fell 1.74% to $109.53.
Trading volume (955,751) remained 183,640 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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January 22, 2025 17:20 ET (22:20 GMT)
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