Allstate Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Allstate Corp. (ALL) shares rose 1.31% to $197.33 on Wednesday, but underperformed compared to competitors like Progressive Corp. (PGR), which increased by 2.24%, and Travelers Cos. Inc. (TRV), which rose by 0.27%. Allstate's stock is currently 8.60% below its 52-week high of $215.89. The overall market showed mixed results, with the Dow Jones up 0.02% and the S&P 500 down 0.01%. Trading volume for Allstate was 1.2 million, below its 50-day average of 1.7 million.
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