DJ Truist Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Truist Financial Corp. (TFC) rallied 1.23% to $41.05 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.64% to 5,675.12 and the Dow Jones Industrial Average rising 0.85% to 41,841.63.
This was the stock's second consecutive day of gains.
Truist Financial Corp. closed 16.32% short of its 52-week high of $49.06, 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. $(JPM)$ rose 0.64% to $233.93, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.35% to $41.44, and Wells Fargo & Co. $(WFC)$ fell 0.01% to $70.84.
Trading volume (8.2 M) eclipsed its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2025.
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(END) Dow Jones Newswires
March 17, 2025 16:47 ET (20:47 GMT)
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