Shares of Estee Lauder Cos. Cl A /zigman2/quotes/200740220/composite EL -2.62% shed 1.38% to $326.25 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.37% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.43% rising 0.68% to 34,814.39. This was the stock's fourth consecutive day of losses. Estee Lauder Cos. Cl A closed $21.57 short of its 52-week high ($347.82), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co. /zigman2/quotes/202894679/composite PG +0.39% fell 0.21% to $145.12, Unilever PLC ADR /zigman2/quotes/204685760/composite UL +0.55% fell 0.74% to $54.96, and Beiersdorf AG ADR /zigman2/quotes/207959563/delayed BDRFY +0.51% fell 0.32% to $24.72. Trading volume (1.7 M) eclipsed its 50-day average volume of 866,247.