Snap Stock- Snap-On Inc. stock rises Wednesday, outperforms market
Shares of Snap-On Inc.
inched 0.63% higher to $235.20 Wednesday, on what proved to be an all-around great 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. Snap-On Inc. closed $0.88 short of its 52-week high ($236.08), which the company achieved on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Illinois Tool Works Inc.
fell 1.45% to $219.95, Stanley Black & Decker Inc.
fell 1.83% to $200.24, and Makita Corp. ADR
rose 1.09% to $44.15. Trading volume (334,713) remained 225,587 below its 50-day average volume of 560,300.