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PNC Financial Services Group Inc. stock rises Wednesday, outperforms market

Written by Amanda

Shares of PNC Financial Services Group Inc. PNC, +2.29% inched 0.18% higher to $121.81 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.19% rising 0.02% to 4,274.51 and the Dow Jones Industrial Average DJIA, +0.33% falling 0.20% to 33,550.27.

PNC Financial Services Group Inc. closed $48.47 short of its 52-week high ($170.28), which the company reached on December 1st.

The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. JPM, +0.84% rose 0.59% to $145.78, Bank of America Corp. BAC, +1.51% rose 0.37% to $27.27, and Wells Fargo & Co. WFC, +1.82% rose 0.52% to $40.86.

Trading volume (2.2 M) eclipsed its 50-day average volume of 2.1 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

About the author

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