Truist Financial Corp. stock rises Friday, still underperforms market – MarketWatch

Written by Amanda

Shares of Truist Financial Corp. TFC, +5.04% rose 1.49% to $49.13 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +3.06% rising 2.47% to 4,158.24 and the Dow Jones Industrial Average DJIA, +2.68% rising 1.76% to 33,212.96. This was the stock’s third consecutive day of gains. Truist Financial Corp. closed $19.82 short of its 52-week high ($68.95), which the company achieved on January 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Wells Fargo & Co. WFC, +7.55% rose 0.64% to $45.89, HDFC Bank Ltd. ADR HDB, +2.19% rose 3.62% to $58.94, and U.S. Bancorp USB, +3.94% rose 0.69% to $52.50. Trading volume (5.4 M) remained 2.8 million below its 50-day average volume of 8.2 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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