DJ Newell Brands Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Newell Brands Inc. $(NWL)$ cratered 26.42% to $7.13 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.95% to 6,025.99 and Dow Jones Industrial Average falling 0.99% to 44,303.40.
This was the stock's second consecutive day of losses.
Newell Brands Inc. closed 39.47% short of its 52-week high of $11.78, which the company achieved on December 11th.
The stock underperformed when compared to some of its competitors Friday, as Procter & Gamble Co. $(PG)$ fell 0.54% to $167.97, Emerson Electric Co. $(EMR)$ fell 2.44% to $124.37, and Clorox Co. $(CLX)$ rose 0.56% to $148.42.
Trading volume (34.6 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025.
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February 07, 2025 17:29 ET (22:29 GMT)
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