The Home Depot – Sherwin-Williams Co. stock falls Wednesday, underperforms market
Shares of Sherwin-Williams Co.
slid 2.80% to $251.70 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a three-day winning streak. Sherwin-Williams Co. closed $7.88 short of its 52-week high ($259.58), which the company achieved on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Home Depot Inc.
fell 0.42% to $312.47, PPG Industries Inc.
fell 3.65% to $147.97, and Masco Corp.
fell 2.13% to $61.10. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.