Unilever Stock – Estee Lauder Cos. Cl A stock falls Monday, underperforms market
Shares of Estee Lauder Cos. Cl A
shed 1.64% to $298.39 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 1.04% to 4,188.43 and Dow Jones Industrial Average
falling 0.10% to 34,742.82. The stock’s fall snapped a two-day winning streak. Estee Lauder Cos. Cl A closed $19.95 below its 52-week high ($318.34), which the company reached on April 29th.
The stock underperformed when compared to some of its competitors Monday, as Procter & Gamble Co.
rose 1.86% to $137.67, Unilever PLC ADR
rose 1.19% to $60.45, and Beiersdorf AG ADR
rose 0.68% to $23.67. Trading volume (898,599) remained 514,174 below its 50-day average volume of 1.4 M.