DJ Bank Of New York Mellon Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Bank of New York Mellon Corp. $(BK)$ slipped 3.35% to $75.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Bank of New York Mellon Corp. closed $6.90 below its 52-week high ($82.72), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ fell 3.35% to $230.37, Wells Fargo & Co. $(WFC)$ fell 2.90% to $68.76, and Morgan Stanley $(MS)$ fell 5.25% to $121.04.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:50 ET (21:50 GMT)
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