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Updated · MarketWatch · May 6PPG Industries stock rises 4.81% and outperforms competitors
10 articles · Updated · MarketWatch · May 6
- Shares closed at $111.53 on Wednesday, marking a second straight gain as trading volume reached 2.7 million, above the 50-day average of 2.2 million.
- PPG beat rivals including 3M, up 2.60%, Sherwin-Williams, up 3.57%, and Masco, up 2.19%, during a broad market rally.
- The S&P 500 rose 1.46% to 7,365.12 and the Dow gained 1.24% to 49,910.59, while PPG remained 16.41% below its 52-week high of $133.43.
Will PPG's 20% price hike shield profits or drive customers to rivals? Are PPG's tech bets on EVs and aerospace enough to beat global headwinds?