Published on 1 Nov 2022 on Market Watch
A.O. Smith Corp. stock outperforms market despite losses on the day
Shares of A.O. Smith Corp. shed 0.33% to $54.60 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. The stock's fall snapped a two-day winning streak. A.O. Smith Corp. closed $32.14 short of its 52-week high ($86.74), which the company reached on December 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Lennox International Inc. rose 0.50% to $234.74, BWX Technologies Inc. rose 1.14% to $57.63, and RBC Bearings Inc. fell 0.64% to $251.92. Trading volume (1.1 M) remained 85,447 below its 50-day average volume of 1.2 M.