DJ Truist Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Truist Financial Corp. (TFC) advanced 5.41% to $41.12 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
Truist Financial Corp. closed 16.18% short of its 52-week high of $49.06, which the company reached on November 25th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 2.75% to $260.05, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 3.76% to $43.36, and Wells Fargo & Co. $(WFC)$ rose 3.35% to $74.88.
Trading volume (9.8 M) remained 1.2 million below its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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May 12, 2025 16:47 ET (20:47 GMT)
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