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Shares of Regions Financial Corp. (RF) rallied 4.67% to $20.64 Tuesday, on what proved to be an all-around positive 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. Regions Financial Corp. closed $4.93 below its 52-week high ($25.57), which the company achieved on February 16th.
The stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 3.39% to $35.99, Wells Fargo & Co. (WFC) rose 3.55% to $43.71, and PNC Financial Services Group Inc. (PNC) rose 3.32% to $160.43. Trading volume (6.2 M) remained 3.5 million below its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 17:18 ET (21:18 GMT)
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