DJ Bank Of New York Mellon Corp. Stock Outperforms Competitors Despite Losses On The Day

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Shares of Bank of New York Mellon Corp. $(BK)$ slipped 1.86% to $84.24 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.

Bank of New York Mellon Corp. closed 6.75% below its 52-week high of $90.34, which the company reached on March 3rd.

Despite its losses, the stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ fell 4.15% to $232.22, Wells Fargo & Co. $(WFC)$ fell 6.01% to $66.78, and Morgan Stanley $(MS)$ fell 6.37% to $111.69.

Trading volume (5.3 M) eclipsed its 50-day average volume of 4.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.

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March 10, 2025 16:45 ET (20:45 GMT)

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