Apple Stock – L Brands Inc. stock outperforms market on strong trading day
Shares of L Brands Inc.
advanced 4.16% to $76.56 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.35% to 4,384.63 and the Dow Jones Industrial Average
rising 0.36% to 34,996.18. This was the stock’s second consecutive day of gains. L Brands Inc. hit a new 52-week high, surpassing its previous peak of $74.61, which the company reached on July 9th.
The stock outperformed some of its competitors Monday, as Target Corp.
rose 1.47% to $252.24, (TJX) Cos.
fell 0.20% to $68.22, and Ross Stores Inc.
fell 0.54% to $124.10. Trading volume (5.0 M) eclipsed its 50-day average volume of 4.3 M.