U.S. Bancorp stock rises Wednesday, still underperforms market – MarketWatch

Written by Amanda

U.S. Bancorp stock rises Wednesday, still underperforms market  MarketWatch

Shares of U.S. Bancorp USB, rallied 1.40% to $46.36 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.22% rising 1.46% to 3,789.99 and the Dow Jones Industrial Average DJIA, -0.13% rising 1.00% to 30,668.53. The stock’s rise snapped a five-day losing streak. U.S. Bancorp closed $17.21 short of its 52-week high ($63.57), which the company achieved on January 13th.

The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. BAC, +0.22% rose 1.88% to $32.05, Citigroup Inc. C, -0.79% rose 3.52% to $47.58, and Wells Fargo & Co. WFC, +2.20% rose 1.98% to $38.17. Trading volume (11.6 M) eclipsed its 50-day average volume of 7.8 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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