DJ Truist Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Truist Financial Corp. (TFC) rose 2.46% to $47.96 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
Truist Financial Corp. hit a new 52-week high, surpassing its previous peak of $47.57, which the company achieved on November 13th.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.55% to $248.55, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.16% to $47.00, and Wells Fargo & Co. $(WFC)$ rose 1.51% to $75.96.
Trading volume (8.6 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:50 ET (21:50 GMT)
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