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Shares of Citigroup Inc. (C) inched 0.85% higher to $50.02 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,287.50 and the Dow Jones Industrial Average rising 1.85% to 33,916.39. The stock's rise snapped a five-day losing streak. Citigroup Inc. closed $30.27 below its 52-week high ($80.29), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 1.58% to $123.34, Bank of America Corp. (BAC) rose 1.54% to $36.81, and Wells Fargo & Co. (WFC) rose 1.32% to $45.17. Trading volume (20.0 M) remained 8.3 million below its 50-day average volume of 28.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2022.
(END) Dow Jones Newswires
April 28, 2022 16:41 ET (20:41 GMT)
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