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Shares of Citigroup Inc. (C) rallied 7.56% to $51.05 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Citigroup Inc. closed $29.24 below its 52-week high ($80.29), which the company achieved on June 2nd.
The stock outperformed some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) rose 3.31% to $122.18, Bank of America Corp. (BAC) rose 3.39% to $35.99, and Wells Fargo & Co. (WFC) rose 3.55% to $43.71. Trading volume (46.3 M) eclipsed its 50-day average volume of 26.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:42 ET (20:42 GMT)
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