DJ PNC Financial Services Group Inc. Stock Rises Friday, Outperforms Market
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Shares of PNC Financial Services Group Inc. $(PNC)$ rallied 3.21% to $123.58 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
PNC Financial Services Group Inc. closed $52.76 short of its 52-week high ($176.34), which the company reached on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 2.10% to $140.47, Bank of America Corp. $(BAC.SI)$ rose 3.35% to $28.71, and Wells Fargo & Co. $(WFC)$ rose 2.95% to $41.24.
Trading volume (3.1 M) remained 940,323 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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(END) Dow Jones Newswires
June 02, 2023 16:51 ET (20:51 GMT)
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