Lincoln National Corporation (LNC) : Traders are bullish on Lincoln National Corporation (LNC) as it has outperformed the S&P 500 by a wide margin of 9.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.51% in the last 1 week, and is up 12.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.77% and the 50-Day Moving Average is 3.21%. Lincoln National Corporation is up 1.18% in the last 3-month period. Year-to-Date the stock performance stands at -11.49%.
Lincoln National Corporation (NYSE:LNC): On Fridays trading session , Opening price of the stock was $43.37 with an intraday high of $43.86. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $43.21. However, the stock managed to close at $43.67, a loss of 0.09% for the day. On the previous day, the stock had closed at $43.71. The total traded volume of the day was 1,237,690 shares.
Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. These products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental. It operates in four segments: Annuities offers fixed (including indexed) and variable annuities. Retirement Plan Services provides employers with retirement plan products and services. Life Insurance focuses in the creation and protection of wealth through life insurance products. Group Protection offers principally group non-medical insurance products.