DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ inched 0.13% higher to $206.99 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 6,034.91 and Dow Jones Industrial Average falling 0.35% to 44,247.83.
The stock's rise snapped a two-day losing streak.
M&T Bank Corp. closed $18.71 below its 52-week high ($225.70), which the company reached on November 25th.
The stock outperformed some of its competitors Tuesday, as JPMorgan Chase & Co. $(JPM)$ fell 0.39% to $242.86, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.35% to $45.75, and Wells Fargo & Co. $(WFC)$ fell 0.78% to $72.05.
Trading volume (939,602) remained 130,319 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 10, 2024.
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(END) Dow Jones Newswires
December 10, 2024 17:00 ET (22:00 GMT)
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