Shares of Arthur J. Gallagher & Co.
rallied 1.99% to $161.67 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's eighth consecutive day of gains. Arthur J. Gallagher & Co. hit a new 52-week high, surpassing its previous peak of $158.93, which the company achieved on October 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Marsh & McLennan Cos.
rose 2.06% to $160.67, Willis Towers Watson PLC
rose 1.72% to $248.15, and Brown & Brown Inc.
rose 2.43% to $63.13. Trading volume (873,290) remained 164,468 below its 50-day average volume of 1.0 M.