DJ M&T Bank Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ shed 0.61% to $211.93 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
This was the stock's second consecutive day of losses.
M&T Bank Corp. closed $4.91 below its 52-week high ($216.84), which the company achieved on November 6th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 0.67% to $241.16, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 0.02% to $45.87, and Wells Fargo & Co. $(WFC)$ rose 0.23% to $72.77.
Trading volume (697,114) remained 476,591 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 17:00 ET (22:00 GMT)
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