DJ M&T Bank Corp. Stock Rises Monday, Still Underperforms Market
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Shares of M&T Bank Corp. $(MTB)$ inched 0.22% higher to $199.72 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.
M&T Bank Corp. closed $25.98 below its 52-week high ($225.70), which the company reached on November 25th.
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, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.44% to $45.47, and Wells Fargo & Co. $(WFC)$ rose 2.19% to $71.98.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:59 ET (21:59 GMT)
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