Shares of Lincoln National Corp. /zigman2/quotes/205272400/composite LNC +2.24% slid 2.76% to $73.40 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.08% falling 0.51% to 4,551.68 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.56% falling 0.74% to 35,490.69. This was the stock's second consecutive day of losses. Lincoln National Corp. closed $3.37 short of its 52-week high ($76.77), which the company achieved on October 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Prudential PLC ADR /zigman2/quotes/205760760/composite PUK -0.58% fell 0.36% to $41.42, MetLife Inc. /zigman2/quotes/206319319/composite MET +0.71% fell 1.79% to $64.29, and Prudential Financial Inc. /zigman2/quotes/203750923/composite PRU +0.84% fell 1.66% to $111.76. Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.