DJ Truist Financial Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Truist Financial Corp. (TFC) inched 0.29% higher to $48.10 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's third consecutive day of gains.
Truist Financial Corp. hit a new 52-week high, surpassing its previous peak of $48.06, which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 0.70% to $250.29, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.06% to $47.50, and Wells Fargo & Co. $(WFC)$ rose 1.24% to $76.90.
Trading volume (9.5 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 16:49 ET (21:49 GMT)
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