Loews Down Over 6% After Reporting 4Q Loss -- Data Talk
February 11 2019 - 1:28PM
Dow Jones News
Loews Corporation (L) is currently at $44.40, down $3.07 or
6.47%
-- Would be lowest close since Dec. 24, 2018, when it closed at
$42.54
-- On pace for largest percent decrease since May 11, 2009, when
it fell 7.58%
-- Earlier Monday, Loews reported a loss in the last quarter of
2018 as the company's revenue fell and insurance claims and
policyholders' benefits costs climbed about 27%
-- Loews said it had a loss of $165 million. That compared with
a profit of $481 million for the comparable quarter a year
prior
-- Currently down five of the past six days
-- Currently down four consecutive days; down 7.65% over this
period
-- Longest losing streak since Dec. 24, 2018, when it fell for
four straight trading days
-- Worst four-day stretch since the four days ending Oct. 12,
2018, when it fell 8.02%
-- Down 7.31% month-to-date
-- Down 16.95% from its all-time closing high of $53.46 on Jan.
26, 2018
-- Traded as low as $44.17; lowest intraday level since Dec. 27,
2018, when it hit $43.35
-- Down 6.95% at today's intraday low; largest intraday percent
decrease since May 6, 2010, when it fell as much as 8.71%
-- Worst performer in the S&P 500 today
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 11, 2019 13:13 ET (18:13 GMT)
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