Shares of Truist Financial Corp. TFC, +0.81% inched 0.27% higher to $52.14 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, +0.75% falling 1.21% to 4,392.59 and Dow Jones Industrial Average DJIA, +0.48% falling 0.33% to 34,451.23. The stock’s rise snapped a six-day losing streak. Truist Financial Corp. closed $16.81 below its 52-week high ($68.95), which the company reached on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Wells Fargo & Co. WFC, +0.84% fell 4.51% to $46.35, HDFC Bank Ltd. ADR HDB, -2.60% fell 1.49% to $58.91, and U.S. Bancorp USB, +0.52% rose 4.15% to $52.71. Trading volume (8.4 M) eclipsed its 50-day average volume of 6.5 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
