Eastman Chemical Co. Stock Underperforms Thursday When Compared To Competitors
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Eastman Chemical Co. (EMN) shares fell 2.71% to $73.69 on Thursday, marking the second consecutive day of losses amid a declining stock market. The S&P 500 Index decreased by 0.38%, and the Dow Jones Industrial Average dropped by 0.63%. Eastman's stock is now 12.46% below its 52-week high of $84.18. In comparison, competitors Exxon Mobil Corp., Dow Inc., and Corteva Inc. also experienced declines. Trading volume was 1.5 million, below the 50-day average of 1.6 million.
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