DJ Bank Of New York Mellon Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Bank of New York Mellon Corp. $(BK)$ rose 1.38% to $84.70 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
Bank of New York Mellon Corp. closed 6.24% short of its 52-week high of $90.34, which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 2.66% to $248.06, Wells Fargo & Co. $(WFC)$ rose 2.43% to $74.28, and Morgan Stanley $(MS)$ rose 3.44% to $124.27.
Trading volume (2.6 M) remained 1.9 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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March 24, 2025 16:45 ET (20:45 GMT)
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