Truist Financial Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

Dow Jones12-21 05:51

DJ Truist Financial Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

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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December 20, 2024 16:51 ET (21:51 GMT)

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