DJ Wells Fargo & Co. Stock Underperforms Friday When Compared To Competitors
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Shares of Wells Fargo & Co. $(WFC)$ shed 0.51% to $70.44 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
This was the stock's fifth consecutive day of losses.
Wells Fargo & Co. closed $7.69 short of its 52-week high ($78.13), which the company reached on November 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as U.S. Bancorp $(USB)$ fell 0.14% to $51.03, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) (USB.PRP) fell 0.69% to $24.48, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) (USB.PRQ) fell 0.23% to $17.23.
Trading volume (15.5 M) remained 2.1 million below its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 16:35 ET (21:35 GMT)
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