DJ Truist Financial Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Truist Financial Corp. (TFC) slipped 1.30% to $42.55 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's fourth consecutive day of losses.
Truist Financial Corp. closed $6.51 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 Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 1.12% to $232.96, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.28% to $43.38, and Wells Fargo & Co. $(WFC)$ rose 0.13% to $68.85.
Trading volume (7.5 M) remained 996,312 below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:50 ET (21:50 GMT)
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