DJ Bank Of New York Mellon Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Bank of New York Mellon Corp. $(BK)$ inched 0.78% higher to $76.41 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.
The stock's rise snapped a two-day losing streak.
Bank of New York Mellon Corp. closed $6.31 short of 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 Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 1.12% to $232.96, Wells Fargo & Co. $(WFC)$ rose 0.13% to $68.85, and Morgan Stanley $(MS)$ fell 0.45% to $120.50.
Trading volume (5.8 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:51 ET (21:51 GMT)
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