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Feb. 9, 2022, 5:17 p.m. EST

PPG Industries Inc. stock underperforms Wednesday when compared to competitors despite daily gains

MarketWatch Automation

Shares of PPG Industries Inc. (NYS:PPG) advanced 1.78% to $156.99 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 1.45% to 4,587.18 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.86% to 35,768.06. This was the stock's second consecutive day of gains. PPG Industries Inc. closed $25.98 short of its 52-week high ($182.97), which the company achieved on June 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Sherwin-Williams Co. (NYS:SHW) rose 2.49% to $286.62, BASF SE ADR (OTC:BASFY) rose 0.82% to $19.73, and Owens Corning (NYS:OC) rose 3.07% to $93.47. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.3 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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