Shares of M&T Bank Corp. MTB, -0.85% rallied 1.72% to $180.80 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.08% rising 2.47% to 4,158.24 and the Dow Jones Industrial Average DJIA, +0.18% rising 1.76% to 33,212.96. This was the stock’s fifth consecutive day of gains. M&T Bank Corp. closed $6.15 short of its 52-week high ($186.95), which the company reached on February 10th.
The stock outperformed some of its competitors Friday, as Bank of America Corp. BAC, -0.78% rose 0.95% to $37.02, Wells Fargo & Co. WFC, -0.80% rose 0.64% to $45.89, and PNC Financial Services Group Inc. PNC, -0.49% rose 1.21% to $175.05. Trading volume (971,017) remained 672,023 below its 50-day average volume of 1.6 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
