DJ Marsh & McLennan Cos. Stock Rises Tuesday, Still Underperforms Market
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Shares of Marsh & McLennan Cos. $(MMC)$ inched 0.67% higher to $207.35 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,175.27 and the Dow Jones Industrial Average rising 0.61% to 39,005.49.
This was the stock's sixth consecutive day of gains.
Marsh & McLennan Cos. hit a new 52-week high, surpassing its previous peak of $206.18, which the company reached on February 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Accenture PLC Cl A $(ACN)$ rose 1.95% to $380.48, Chubb Ltd. $(CB)$ rose 1.08% to $257.75, and American International Group Inc. $(AIG)$ rose 1.31% to $75.89.
Trading volume (1.1 M) remained 606,313 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 12, 2024.
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March 12, 2024 16:43 ET (20:43 GMT)
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