Regions Financial Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Regions Financial Corp. (RF) dropped 0.84% to $20.02 Wednesday, on what proved to be an all-around poor 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 fifth consecutive day of losses. Regions Financial Corp. closed $5.55 short of its 52-week high ($25.57), which the company reached on February 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 0.53% to $35.57, Wells Fargo & Co. (WFC) fell 1.18% to $42.57, and PNC Financial Services Group Inc. (PNC) fell 1.24% to $159.83. Trading volume (7.5 M) remained 2.5 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 17:18 ET (21:18 GMT)
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