DJ M&T Bank Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ shed 1.79% to $196.15 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 6,050.61 and Dow Jones Industrial Average falling 0.61% to 43,449.90.
M&T Bank Corp. closed $29.55 short of its 52-week high ($225.70), which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. $(JPM)$ fell 0.51% to $238.36, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.92% to $45.05, and Wells Fargo & Co. $(WFC)$ fell 1.63% to $70.81.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2024.
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(END) Dow Jones Newswires
December 17, 2024 17:00 ET (22:00 GMT)
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