Shares of Truist Financial Corp. TFC, -0.40% slipped 2.42% to $55.33 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.92% rising 0.34% to 4,545.86 and the Dow Jones Industrial Average DJIA, -0.62% rising 0.40% to 34,818.27. This was the stock’s third consecutive day of losses. Truist Financial Corp. closed $13.62 below its 52-week high ($68.95), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Friday, as Wells Fargo & Co. WFC, -0.48% rose 0.52% to $48.71, HDFC Bank Ltd. ADR HDB, -1.06% rose 2.59% to $62.92, and U.S. Bancorp USB, -0.32% fell 0.47% to $52.90. Trading volume (6.6 M) remained 148,387 below its 50-day average volume of 6.8 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Source: marketwatch.com
