Citigroup Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Citigroup Inc. (C) rose 4.25% to $52.23 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. Citigroup Inc. closed $28.06 below its 52-week high ($80.29), which the company reached on June 2nd.
The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 3.31% to $127.10, Bank of America Corp. (BAC) rose 4.01% to $38.62, and Wells Fargo & Co. (WFC) rose 4.12% to $45.98. Trading volume (26.6 M) remained 2.2 million below its 50-day average volume of 28.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 16:41 ET (20:41 GMT)
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