DJ Bank Of New York Mellon Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Bank of New York Mellon Corp. $(BK)$ advanced 1.55% to $57.16 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's fourth consecutive day of gains.
Bank of New York Mellon Corp. closed $1.12 short of its 52-week high ($58.28), which the company reached on April 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 1.94% to $189.41, Wells Fargo & Co. $(WFC)$ rose 1.24% to $61.10, and Morgan Stanley $(MS)$ rose 1.58% to $92.09.
Trading volume (2.9 M) remained 850,371 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 22, 2024 16:56 ET (20:56 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments