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M&T Bank Corp. stock rises Thursday, still underperforms market – MarketWatch

Written by Amanda

M&T Bank Corp. stock rises Thursday, still underperforms market  MarketWatch

Shares of M&T Bank Corp. MTB, +0.04% rose 1.46% to $180.38 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -0.08% rising 1.84% to 4,176.82 and the Dow Jones Industrial Average DJIA, -0.15% rising 1.33% to 33,248.28. The stock’s rise snapped a two-day losing streak. M&T Bank Corp. closed $6.57 below its 52-week high ($186.95), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. BAC, -0.22% rose 0.66% to $36.70, Wells Fargo & Co. WFC, +0.15% rose 0.38% to $45.33, and PNC Financial Services Group Inc. PNC, -0.57% rose 1.78% to $175.51. Trading volume (980,279) remained 666,585 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

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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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