Shares of Leggett & Platt Inc. /zigman2/quotes/206009340/composite LEG -0.36% slipped 1.60% to $54.00 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.02% falling 0.18% to 4,219.55 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.37% falling 0.44% to 34,447.14. The stock's fall snapped a two-day winning streak. Leggett & Platt Inc. closed $5.16 below its 52-week high ($59.16), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Tempur Sealy International Inc. /zigman2/quotes/207239091/composite TPX -1.59% fell 0.59% to $38.96, La-Z-Boy Inc. /zigman2/quotes/202858913/composite LZB -0.09% fell 1.45% to $42.16, and Herman Miller Inc. /zigman2/quotes/205594126/composite MLHR -1.53% rose 1.55% to $50.49. Trading volume (398,316) remained 366,313 below its 50-day average volume of 764,629.