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Shares of Regions Financial Corp. (RF) rose 2.83% to $20.72 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.86% to 3,973.75 and the Dow Jones Industrial Average rising 1.98% to 31,880.24. This was the stock's third consecutive day of gains. Regions Financial Corp. closed $4.85 short of its 52-week high ($25.57), which the company reached on February 16th.
The stock underperformed when compared to some of its competitors Monday, as Bank of America Corp. (BAC) rose 5.94% to $35.87, Wells Fargo & Co. (WFC) rose 5.16% to $43.82, and PNC Financial Services Group Inc. (PNC) rose 3.97% to $162.17. Trading volume (8.0 M) remained 1.2 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2022.
(END) Dow Jones Newswires
May 23, 2022 17:18 ET (21:18 GMT)
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