DJ Truist Financial Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Truist Financial Corp. (TFC) inched 0.65% higher to $46.55 Friday, on what proved to be an all-around rough 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.
The stock's rise snapped a two-day losing streak.
Truist Financial Corp. closed $1.02 below its 52-week high ($47.57), which the company achieved on November 13th.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.42% to $245.31, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.85% to $46.75, and Wells Fargo & Co. $(WFC)$ rose 2.12% to $74.34.
Trading volume (5.7 M) remained 2.7 million below its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:50 ET (21:50 GMT)
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