DJ M&T Bank Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ slipped 1.00% to $199.95 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 6,051.25 and Dow Jones Industrial Average falling 0.53% to 43,914.12.
This was the stock's second consecutive day of losses.
M&T Bank Corp. closed $25.75 below its 52-week high ($225.70), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ fell 0.82% to $241.53, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ remained unchanged, and Wells Fargo & Co. $(WFC)$ fell 1.12% to $70.80.
Data source: Dow Jones Market Data, FactSet. Data compiled December 12, 2024.
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(END) Dow Jones Newswires
December 12, 2024 16:59 ET (21:59 GMT)
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