Shares of Estee Lauder Cos. Cl A EL, -0.26% slid 0.26% to $273.22 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.10% rising 1.10% to 4,060.43 and the Dow Jones Industrial Average DJIA, +0.61% rising 0.61% to 33,949.41. This was the stock’s second consecutive day of losses. Estee Lauder Cos. Cl A closed $51.48 below its 52-week high ($324.70), which the company reached on February 9th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Johnson & Johnson JNJ, -0.37% fell 0.37% to $168.89 and Procter & Gamble Co. PG, -0.40% fell 0.40% to $141.15. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.7 M.