Snap Stock- Snap-On Inc. stock outperforms market on strong trading day
Shares of Snap-On Inc.
inched 0.40% higher to $255.64 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.13% to 34,575.31 and the S&P 500 Index
falling 0.05% to 4,202.04. This was the stock’s fourth consecutive day of gains. Snap-On Inc. closed $4.35 short of its 52-week high ($259.99), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Illinois Tool Works Inc.
rose 0.63% to $233.23, Stanley Black & Decker Inc.
fell 0.42% to $215.89, and Makita Corp. ADR
rose 0.97% to $48.08. Trading volume (280,006) remained 84,510 below its 50-day average volume of 364,516.