Wells Fargo & Co. Stock Falls Thursday, Underperforms Market
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Shares of Wells Fargo & Co. (WFC) slipped 0.70% to $53.76 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 4,326.51 and Dow Jones Industrial Average falling 0.02% to 34,160.78. The stock's fall snapped a two-day winning streak. Wells Fargo & Co. closed $5.11 below its 52-week high ($58.87), which the company achieved on January 14th.
Despite its losses, the stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) fell 1.76% to $145.31, Bank of America Corp. (BAC) fell 0.94% to $45.47, and Citigroup Inc. (C) fell 0.93% to $64.15.true Trading volume (34.2 M) eclipsed its 50-day average volume of 28.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2022.
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January 27, 2022 17:31 ET (22:31 GMT)
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