DJ Marsh & McLennan Cos. Stock Rises Wednesday, Still Underperforms Market
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Shares of Marsh & McLennan Cos. $(MMC)$ inched 0.63% higher to $195.73 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.82% to 4,995.06 and the Dow Jones Industrial Average rising 0.40% to 38,677.36.
This was the stock's second consecutive day of gains.
Marsh & McLennan Cos. closed $7.08 short of its 52-week high ($202.81), which the company reached on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Accenture PLC Cl A $(ACN)$ rose 0.53% to $366.65, Chubb Ltd. $(CB)$ fell 0.31% to $246.89, and American International Group Inc. $(AIG)$ rose 1.51% to $69.81.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2024.
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February 07, 2024 16:44 ET (21:44 GMT)
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