Snap Stock- Snap-On Inc. stock rises Friday, still underperforms market
Shares of Snap-On Inc.
inched 0.87% higher to $255.19 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.49% to 4,173.85 and the Dow Jones Industrial Average
rising 1.06% to 34,382.13. This was the stock’s second consecutive day of gains. Snap-On Inc. closed $4.80 below 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 Friday, as Illinois Tool Works Inc.
rose 0.23% to $238.50, Stanley Black & Decker Inc.
fell 0.04% to $216.01, and Makita Corp. ADR
rose 3.97% to $45.60. Trading volume (190,244) remained 224,563 below its 50-day average volume of 414,807.