Masco Corp. Stock Slides 11.1%, Underperforms Peers

Dow Jones

Jul 30

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

Shares of Masco Corp. tumbled 11.1% to $72.56 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.5% to 7,316.15 and Dow Jones Industrial Average falling 2.2% to 51,594.14.

The stock's fall snapped a three-day winning streak.

Masco Corp. closed 13.2% short of its 52-week high of $83.64, which the company achieved on July 28th.

The stock underperformed when compared to some of its peers, as PPG Industries Inc. fell 6.0% to $111.83, Fortune Brands Innovations Inc. fell 3.9% to $49.12, and Spectrum Brands Holdings Inc. fell 2.49% to $88.28.

Trading volume totaled 9.2 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

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