Shares of Globe Life Inc. GL, -0.92% dropped 0.92% to $120.91 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.31% rising 0.31% to 3,982.24 and the Dow Jones Industrial Average DJIA, +0.22% rising 0.22% to 32,889.09. Globe Life Inc. closed $2.94 short of its 52-week high ($123.85), which the company reached on January 12th.
The stock underperformed when compared to some of its competitors Monday, as Chubb Ltd. CB, +0.37% rose 0.37% to $211.68. Trading volume (553,365) eclipsed its 50-day average volume of 544,026.