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Shares of Wells Fargo & Co. (WFC) slumped 0.65% to $53.32 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,410.13 and the Dow Jones Industrial Average rising 0.29% to 34,364.50. This was the stock's fifth consecutive day of losses. Wells Fargo & Co. closed $5.55 short of its 52-week high ($58.87), which the company reached on January 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) fell 0.09% to $144.95, Bank of America Corp. (BAC) fell 0.82% to $44.55, and Citigroup Inc. (C) fell 0.90% to $62.70. Trading volume (48.4 M) eclipsed its 50-day average volume of 26.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2022.
(END) Dow Jones Newswires
January 24, 2022 17:31 ET (22:31 GMT)
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