Truist Financial Corp. stock falls Wednesday, underperforms market – MarketWatch

Written by Amanda

Truist Financial Corp. stock falls Wednesday, underperforms market  MarketWatch

Shares of Truist Financial Corp. TFC, -0.03% slipped 2.01% to $47.40 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, -1.07% rising 0.27% to 31,029.31 and the S&P 500 Index SPX, -1.09% falling 0.07% to 3,818.83. This was the stock’s third consecutive day of losses. Truist Financial Corp. closed $21.55 below its 52-week high ($68.95), which the company reached on January 18th.

The stock underperformed when compared to some of its competitors Wednesday, as Wells Fargo & Co. WFC, -1.42% fell 1.17% to $39.71, HDFC Bank Ltd. ADR HDB, -1.55% rose 0.73% to $55.56, and U.S. Bancorp USB, -0.47% fell 0.67% to $46.12. Trading volume (5.3 M) remained 2.9 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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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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