DJ Marsh & McLennan Cos. Stock Underperforms Thursday When Compared To Competitors
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Shares of Marsh & McLennan Cos. $(MMC)$ sank 0.21% to $199.36 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's fall snapped a three-day winning streak.
Marsh & McLennan Cos. closed $9.84 below its 52-week high ($209.20), which the company achieved on March 14th.
The stock underperformed when compared to some of its competitors Thursday, as Accenture PLC Cl A $(ACN)$ rose 0.56% to $300.34, Chubb Ltd. $(CB)$ rose 0.13% to $250.25, and American International Group Inc. $(AIG)$ rose 3.02% to $78.10.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 16:43 ET (20:43 GMT)
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