DJ U.S. Bancorp Stock Underperforms Friday When Compared To Competitors
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Shares of U.S. Bancorp $(USB)$ slipped 0.81% to $49.90 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
U.S. Bancorp closed $1.86 below its 52-week high ($51.76), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Friday, as $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.85% to $46.75, Great Southern Bancorp Inc. $(GSBC)$ rose 0.05% to $63.30, and Wells Fargo & Co. $(WFC)$ rose 2.12% to $74.34.
Trading volume (13.2 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:46 ET (21:46 GMT)
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