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Shares of Regions Financial Corp. (RF) rose 2.32% to $22.05 Wednesday, on what proved to be an all-around great 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. Regions Financial Corp. closed $3.52 below its 52-week high ($25.57), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) rose 4.01% to $38.62, Wells Fargo & Co. (WFC) rose 4.12% to $45.98, and PNC Financial Services Group Inc. (PNC) rose 2.39% to $173.72. Trading volume (7.9 M) remained 2.2 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
(END) Dow Jones Newswires
May 04, 2022 17:18 ET (21:18 GMT)
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