DJ Fifth Third Bancorp Stock Outperforms Competitors On Strong Trading Day
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Shares of Fifth Third Bancorp $(FITB)$ inched 0.98% higher to $47.32 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.19% to 6,075.11 and Dow Jones Industrial Average falling 0.55% to 44,765.71.
The stock's rise snapped a six-day losing streak.
Fifth Third Bancorp closed $1.75 short of its 52-week high ($49.07), which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 0.85% to $245.48, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.36% to $47.00, and Wells Fargo & Co. $(WFC)$ rose 0.82% to $73.66.
Trading volume (3.8 M) remained 316,187 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2024.
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(END) Dow Jones Newswires
December 05, 2024 17:02 ET (22:02 GMT)
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