DJ U.S. Bancorp Stock Underperforms Wednesday When Compared To Competitors
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Shares of U.S. Bancorp $(USB)$ slid 4.74% to $47.61 Wednesday, on what proved to be an all-around grim 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.
U.S. Bancorp closed $6.37 below its 52-week high ($53.98), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 3.44% to $43.50, Great Southern Bancorp Inc. $(GSBC)$ fell 4.62% to $61.80, and Wells Fargo & Co. $(WFC)$ fell 2.90% to $68.76.
Trading volume (8.8 M) eclipsed its 50-day average volume of 8.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:46 ET (21:46 GMT)
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