DJ Fifth Third Bancorp Stock Underperforms Wednesday When Compared To Competitors
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Shares of Fifth Third Bancorp $(FITB)$ shed 5.46% to $42.59 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.
Fifth Third Bancorp closed $6.48 short of its 52-week high ($49.07), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ fell 3.35% to $230.37, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 3.44% to $43.50, and Wells Fargo & Co. $(WFC)$ fell 2.90% to $68.76.
Trading volume (5.0 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:02 ET (22:02 GMT)
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