DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ rose 2.19% to $189.48 Friday, on what proved to be an all-around positive 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.
M&T Bank Corp. closed $36.22 below its 52-week high ($225.70), which the company reached on November 25th.
The stock outperformed 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 (3.3 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:03 ET (22:03 GMT)
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