DJ M&T Bank Corp. Stock Rises Monday, Still Underperforms Market
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Shares of M&T Bank Corp. $(MTB)$ inched 0.04% higher to $214.82 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's third consecutive day of gains.
M&T Bank Corp. closed $2.02 short of its 52-week high ($216.84), which the company achieved on November 6th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ fell 0.11% to $245.03, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.06% to $46.72, and Wells Fargo & Co. $(WFC)$ fell 0.34% to $74.09.
Trading volume (744,483) remained 420,036 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:58 ET (21:58 GMT)
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