Citigroup Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Citigroup Inc. (C) rallied 2.32% to $47.64 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. The stock's rise snapped a four-day losing streak. Citigroup Inc. closed $32.65 short of its 52-week high ($80.29), which the company achieved on June 2nd.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 0.89% to $119.09, Bank of America Corp. (BAC) rose 0.29% to $35.17, and Wells Fargo & Co. (WFC) rose 1.99% to $42.64. Trading volume (21.5 M) remained 5.9 million below its 50-day average volume of 27.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 16:42 ET (20:42 GMT)
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