Updated
Updated · MarketWatch · May 7
PPG Industries stock slides 2.33% in weak market session
Updated
Updated · MarketWatch · May 7

PPG Industries stock slides 2.33% in weak market session

6 articles · Updated · MarketWatch · May 7
  • Shares closed at $108.93 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
  • The decline ended a two-day winning streak and left PPG 18.36% below its 52-week high of $133.43 reached on 12 February.
  • PPG underperformed rivals including 3M, Sherwin-Williams and Masco, while trading volume of 2.1 million shares was slightly below its 50-day average.
With strong earnings but a plunging stock, is paint giant PPG now a market bargain or a value trap?
As global crises roil markets, can the world's largest paint company navigate the chaos to protect its future?