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Truist Financial Corp. stock rises Wednesday, outperforms market – MarketWatch

Written by Amanda

Shares of Truist Financial Corp. TFC, -0.78% inched 0.38% higher to $47.23 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, +0.95% falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA, +0.64% falling 0.15% to 30,483.13. This was the stock’s third consecutive day of gains. Truist Financial Corp. closed $21.72 below its 52-week high ($68.95), which the company achieved on January 18th.

The stock outperformed some of its competitors Wednesday, as Wells Fargo & Co. WFC, -1.81% fell 1.00% to $38.60, HDFC Bank Ltd. ADR HDB, +1.65% fell 0.59% to $55.65, and U.S. Bancorp USB, -1.68% rose 0.37% to $46.50. Trading volume (6.1 M) remained 2.2 million below its 50-day average volume of 8.3 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