Shares of Stanley Black & Decker Inc.
sank 0.97% to $202.27 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. Stanley Black & Decker Inc. closed $22.73 short of its 52-week high ($225.00), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as 3M Co.
fell 0.85% to $199.07, Illinois Tool Works Inc.
fell 0.78% to $227.57, and General Electric Co.
fell 2.91% to $12.70. Trading volume (853,260) remained 94,459 below its 50-day average volume of 947,719.