DJ Progressive Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Progressive Corp. $(PGR)$ advanced 1.16% to $282.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
This was the stock's second consecutive day of gains.
Progressive Corp. hit a new 52-week high, surpassing its previous peak of $280.25, which the company achieved on February 26th.
The stock underperformed when compared to some of its competitors Friday, as Chubb Ltd. $(CB)$ rose 1.35% to $285.48, American International Group Inc. $(AIG)$ rose 4.08% to $82.94, and Arthur J. Gallagher & Co. $(AJG)$ rose 1.37% to $337.74.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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February 28, 2025 16:35 ET (21:35 GMT)
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