DJ Bank Of New York Mellon Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Bank of New York Mellon Corp. $(BK)$ advanced 1.21% to $57.62 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,254.35 and the Dow Jones Industrial Average rising 0.12% to 39,807.37.
This was the stock's fourth consecutive day of gains.
Bank of New York Mellon Corp. hit a new 52-week high, surpassing its previous peak of $57.45, which the company reached on March 22nd.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 0.39% to $200.30, Wells Fargo & Co. $(WFC)$ rose 0.61% to $57.96, and Morgan Stanley $(MS)$ rose 0.71% to $94.16.
Trading volume (2.9 M) remained 969,063 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2024.
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(END) Dow Jones Newswires
March 28, 2024 16:57 ET (20:57 GMT)
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