DJ Truist Financial Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Truist Financial Corp. (TFC) advanced 1.76% to $42.15 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
This was the stock's fourth consecutive day of gains.
Truist Financial Corp. closed 14.08% short of its 52-week high of $49.06, which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 2.66% to $248.06, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.41% to $43.07, and Wells Fargo & Co. $(WFC)$ rose 2.43% to $74.28.
Trading volume (8.6 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 16:48 ET (20:48 GMT)
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