DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ rose 2.50% to $214.64 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of gains.
M&T Bank Corp. closed $2.20 short of its 52-week high ($216.84), which the company reached on November 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 0.97% to $239.29, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 2.11% to $46.08, and Wells Fargo & Co. $(WFC)$ rose 3.60% to $72.56.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:00 ET (22:00 GMT)
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