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

Written by Amanda

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

Shares of PNC Financial Services Group Inc. PNC, -2.87% inched 0.07% higher to $173.20 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, -2.91% rising 0.95% to 4,160.68 and the Dow Jones Industrial Average DJIA, -2.73% rising 0.80% to 33,180.14. The stock’s rise snapped a two-day losing streak. PNC Financial Services Group Inc. closed $54.94 below its 52-week high ($228.14), which the company achieved on January 13th.

The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, -4.60% rose 0.26% to $130.07, Wells Fargo & Co. WFC, -6.07% rose 0.78% to $45.47, and Fifth Third Bancorp FITB, -5.01% rose 0.28% to $39.56. Trading volume (1.2 M) remained 1.0 million below its 50-day average volume of 2.3 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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