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Truist Financial Corp. stock underperforms Tuesday when compared to competitors – MarketWatch

Written by Amanda

Shares of Truist Financial Corp. TFC, -1.97% slid 2.29% to $47.46 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, -0.30% rising 0.25% to 4,001.05 and the Dow Jones Industrial Average DJIA, -0.46% falling 0.26% to 32,160.74. This was the stock’s fourth consecutive day of losses. Truist Financial Corp. closed $21.49 below its 52-week high ($68.95), which the company reached on January 18th.

The stock underperformed when compared to some of its competitors Tuesday, as Wells Fargo & Co. WFC, -0.84% fell 2.00% to $43.08, HDFC Bank Ltd. ADR HDB, -0.40% rose 5.98% to $53.73, and U.S. Bancorp USB, -2.36% fell 0.16% to $49.36. Trading volume (9.4 M) eclipsed its 50-day average volume of 7.9 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