DJ Arthur J. Gallagher & Co. Stock Falls Monday, Underperforms Market
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Shares of Arthur J. Gallagher & Co. $(AJG)$ sank 0.53% to $237.52 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.22% to 4,850.43 and the Dow Jones Industrial Average rising 0.36% to 38,001.81.
The stock's fall snapped a three-day winning streak.
Arthur J. Gallagher & Co. closed $16.48 short of its 52-week high ($254.00), which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Monday, as Marsh & McLennan Cos. $(MMC)$ fell 0.33% to $198.44.
Trading volume (668,645) remained 274,931 below its 50-day average volume of 943,576.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2024.
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(END) Dow Jones Newswires
January 22, 2024 16:51 ET (21:51 GMT)
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