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August 6, 2024

Stock prices of CT’s largest public companies hold up well amid Monday’s market downturn

Image from Pixabay
By Greg Bordonaro

Concerns about the economy came into sharp focus on Monday as U.S. stock indexes fell sharply during day-time trading before recovering somewhat by the closing bell. 

The S&P 500, Nasdaq and Dow fell 3%, 3.4% and 2.6%, respectively. Even the Russell 2000 index, which is made up of smaller public companies, fell 3.3% Monday. 

U.S. stocks overall were trading higher Tuesday morning. 

The stock prices of Connecticut’s 15 largest publicly traded companies on Monday held up well despite the broader market volatility, collectively increasing about 7%, according to a Hartford Business Journal analysis. 
Eight of those 15 companies saw their stock prices increase Monday, led by Norwalk-based Bookings Holdings, which saw a 5.57% increase.

Here’s a look at how the stock prices of Connecticut companies fared: 

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