DJ Truist Financial Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Truist Financial Corp. (TFC) rose 1.81% to $43.32 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a four-day losing streak.
Truist Financial Corp. closed $5.74 below its 52-week high ($49.06), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.99% to $237.60, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.82% to $44.17, and Wells Fargo & Co. $(WFC)$ rose 2.16% to $70.34.
Trading volume (14.5 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:51 ET (21:51 GMT)
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