DJ Truist Financial Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Truist Financial Corp. (TFC) slid 0.32% to $46.51 Wednesday, on what proved to be an all-around great 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.
The stock's fall snapped a two-day winning streak.
Truist Financial Corp. closed $0.52 short of its 52-week high ($47.03), 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 (8.3 M) remained 66,182 below its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:50 ET (21:50 GMT)
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