DJ M&T Bank Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ slipped 3.12% to $179.95 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's third consecutive day of losses.
M&T Bank Corp. closed 20.27% short of its 52-week high of $225.70, 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. $(JPM)$ fell 1.75% to $261.04, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 3.22% to $43.25, and Wells Fargo & Co. $(WFC)$ fell 3.09% to $73.19.
Trading volume (1.3 M) remained 105,001 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 17:00 ET (21:00 GMT)
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