DJ Fifth Third Bancorp Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Fifth Third Bancorp $(FITB)$ rose 1.59% to $42.93 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 three-day losing streak.
Fifth Third Bancorp closed $6.14 short of its 52-week high ($49.07), which the company reached 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 (11.1 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:05 ET (22:05 GMT)
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