Truist Financial Corp. stock falls Tuesday, underperforms market

Shares of Truist Financial Corp. TFC, +2.97% shed 1.59% to $27.19 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, +0.28% falling 1.37% to 4,229.45 and Dow Jones Industrial Average DJIA, +0.54% falling 1.29% to 33,002.38.

This was the stock’s second consecutive day of losses.

Truist Financial Corp. closed $24.07 below its 52-week high ($51.26), which the company achieved on January 24th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, +0.90% fell 0.74% to $142.71, Bank of America Corp. BAC, +1.28% fell 2.96% to $25.91, and Wells Fargo & Co. WFC, +1.75% fell 2.37% to $38.67.

Trading volume (8.7 M) remained 1.6 million below its 50-day average volume of 10.3 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

Truist Financial Corp. stock falls Tuesday, underperforms market

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