Citigroup Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Citigroup Inc. (C) shed 2.24% to $47.66 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's third consecutive day of losses. Citigroup Inc. closed $32.63 below its 52-week high ($80.29), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.63% to $118.14, Bank of America Corp. (BAC) fell 0.53% to $35.57, and Wells Fargo & Co. (WFC) fell 1.18% to $42.57. Trading volume (30.0 M) eclipsed its 50-day average volume of 28.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 16:42 ET (20:42 GMT)
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