Shares of Avery Dennison Corp. AVY dropped 0.27% to $147.03 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.39% to 3,581.87 and the Dow Jones Industrial Average DJIA rising 0.15% to 29,483.23. This was the stock's third consecutive day of losses. Avery Dennison Corp. closed $9.79 short of its 52-week high ($156.82), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Thursday, as 3M Co. MMM rose 0.99% to $171.61, Huntsman Corp. HUN fell 0.20% to $24.75, and Intertape Polymer Group Inc. ITPOF rose 3.00% to $16.99. Trading volume (509,739) remained 113,244 below its 50-day average volume of 622,983.