DJ Bank Of New York Mellon Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Bank of New York Mellon Corp. $(BK)$ inched 0.24% higher to $57.32 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
Bank of New York Mellon Corp. closed $0.96 short of its 52-week high ($58.28), which the company achieved on April 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 0.06% to $193.49, Wells Fargo & Co. $(WFC)$ fell 0.03% to $59.91, and Morgan Stanley $(MS)$ rose 0.29% to $92.83.
Trading volume (2.1 M) remained 1.7 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 16:56 ET (20:56 GMT)
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