Shares of Allstate Corp. ALL, -2.01% shed 1.99% to $132.72 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.54% falling 1.54% to 3,963.94 and Dow Jones Industrial Average DJIA, -1.45% falling 1.45% to 33,849.46. The stock’s fall snapped a two-day winning streak. Allstate Corp. closed $11.74 short of its 52-week high ($144.46), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Progressive Corp. PGR, -1.18% fell 1.18% to $130.02, Travelers Cos. Inc. TRV, -1.37% fell 1.37% to $186.32, and Hartford Financial Services Group Inc. HIG, -1.20% fell 1.20% to $75.06. Trading volume (1.2 M) remained 798,262 below its 50-day average volume of 2.0 M.