DJ Truist Financial Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Truist Financial Corp. (TFC) slid 1.72% to $45.66 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's third consecutive day of losses.
Truist Financial Corp. closed $3.40 below its 52-week high ($49.06), which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 0.28% to $243.53, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 0.72% to $46.08, and Wells Fargo & Co. $(WFC)$ fell 0.62% to $71.60.
Trading volume (10.0 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:49 ET (21:49 GMT)
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