Allegion Shares Drop by 3.87%
Allegion shares closed lower this Wednesday, recording a decline of 3.87% to finish at $170.43.
Details of Wednesday's Trading
Allegion shares closed at $170.43 on Wednesday, marking a decrease of 3.87% compared to the previous day. In contrast, the benchmark S&P 500 index slightly increased by 0.36% to end at 6740.28 points. The trading volume reached 545,552 shares, which represents 0.61% of the company's market capitalization. This downturn for Allegion contrasts with the positive performance of the overall market index.
Performance Over Time
Over a one-week period, Allegion still shows a positive performance with an increase of 1.63%. Over the year, the stock has risen by 25.17%, a figure that surpasses the one-year performance of the S&P 500 index, which has increased by 18.33%. These figures demonstrate that despite the day's decline, Allegion has recorded significant performance in the medium and long term compared to the broader market.