DJ Bank Of New York Mellon Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Bank of New York Mellon Corp. $(BK)$ rallied 1.35% to $81.22 Monday, on what proved to be an all-around favorable 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 fourth consecutive day of gains.
Bank of New York Mellon Corp. hit a new 52-week high, surpassing its previous peak of $80.29, which the company reached on November 6th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 0.70% to $250.29, Wells Fargo & Co. $(WFC)$ rose 1.24% to $76.90, and Morgan Stanley $(MS)$ fell 0.76% to $133.66.
Trading volume (5.2 M) eclipsed its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 16:51 ET (21:51 GMT)
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