DJ Truist Financial Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Truist Financial Corp. (TFC) slid 1.07% to $45.29 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
The stock's fall snapped a two-day winning streak.
Truist Financial Corp. closed $3.77 short of its 52-week high ($49.06), which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ fell 0.15% to $239.58, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.44% to $45.47, and Wells Fargo & Co. $(WFC)$ rose 2.19% to $71.98.
Trading volume (10.8 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:49 ET (21:49 GMT)
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