DJ Truist Financial Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Truist Financial Corp. (TFC) rose 2.20% to $37.14 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Truist Financial Corp. closed 24.29% below its 52-week high of $49.06, which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 2.25% to $240.88, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.12% to $38.75, and Wells Fargo & Co. $(WFC)$ rose 2.58% to $67.94.
Trading volume (8.6 M) remained 1.9 million below its 50-day average volume of 10.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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April 23, 2025 16:48 ET (20:48 GMT)
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