Regions Financial Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Regions Financial Corp. (RF) inched 0.30% higher to $19.88 Friday, on what proved to be an all-around positive 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 six-day losing streak. Regions Financial Corp. closed $5.69 short of its 52-week high ($25.57), which the company achieved on February 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp. (BAC) rose 0.29% to $35.17, Wells Fargo & Co. (WFC) rose 1.99% to $42.64, and PNC Financial Services Group Inc. (PNC) fell 1.17% to $157.44. Trading volume (6.2 M) remained 3.6 million below its 50-day average volume of 9.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 17:18 ET (21:18 GMT)
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