DJ Bank Of New York Mellon Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Bank of New York Mellon Corp. $(BK)$ inched 0.32% higher to $79.08 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
The stock's rise snapped a three-day losing streak.
Bank of New York Mellon Corp. closed $3.64 below 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 Monday, as JPMorgan Chase & Co. $(JPM)$ fell 0.15% to $239.58, Wells Fargo & Co. $(WFC)$ rose 2.19% to $71.98, and Morgan Stanley $(MS)$ rose 1.28% to $129.03.
Trading volume (3.5 M) remained 250,256 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:50 ET (21:50 GMT)
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