Shares of Allstate Corp. ALL inched 0.88% higher to $126.81 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped a two-day losing streak. Allstate Corp. closed $13.19 short of its 52-week high ($140.00), which the company reached on May 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Progressive Corp. PGR fell 0.89% to $90.01, Travelers Cos. Inc. TRV rose 0.19% to $156.69, and Prudential Financial Inc. PRU rose 2.17% to $109.78. Trading volume (1.4 M) remained 96,230 below its 50-day average volume of 1.5 M.