Shares of Eastman Chemical Co.
slipped 0.26% to $81.85 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.35% to 4,376.31 and Dow Jones Industrial Average
falling 1.08% to 34,099.42.
This was the stock’s fourth consecutive day of losses.
Eastman Chemical Co. closed $17.71 short of its 52-week high ($99.56), which the company reached on August 26th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Exxon Mobil Corp.
fell 0.75% to $106.35.
Trading volume (955,241) eclipsed its 50-day average volume of 884,491.