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PNC Financial Services Group Inc. stock rises Thursday, still underperforms market – MarketWatch

Written by Amanda

PNC Financial Services Group Inc. stock rises Thursday, still underperforms market  MarketWatch

Shares of PNC Financial Services Group Inc. PNC, +0.25% inched 0.38% higher to $171.08 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.88% rising 2.47% to 4,287.50 and the Dow Jones Industrial Average DJIA, -0.82% rising 1.85% to 33,916.39. This was the stock’s second consecutive day of gains. PNC Financial Services Group Inc. closed $57.06 below its 52-week high ($228.14), which the company reached on January 13th.

The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM, -2.33% rose 1.58% to $123.34, Wells Fargo & Co. WFC, -1.36% rose 1.32% to $45.17, and Fifth Third Bancorp FITB, -1.78% rose 2.02% to $38.96. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.5 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

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai

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