DJ Eastman Chemical Co. Stock Falls Monday, Underperforms Market

Dow Jones2022-01-11

DJ Eastman Chemical Co. Stock Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Eastman Chemical Co. $(EMN)$ slid 2.26% to $119.64 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. The stock's fall snapped a two-day winning streak. Eastman Chemical Co. closed $10.83 short of its 52-week high ($130.47), which the company reached on June 1st.

The stock underperformed when compared to some of its competitors Monday, as Exxon Mobil Corp. $(XOM)$ fell 0.60% to $68.47, 3M Co. $(MMM)$ fell 1.41% to $177.41, and FMC Corp. (FMC) fell 0.75% to $107.40. Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.

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January 10, 2022 16:52 ET (21:52 GMT)

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