PNC Financial Services Group Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of PNC Financial Services Group Inc. PNC shed 3.21% to $151.48 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. The stock's fall snapped a two-day winning streak. PNC Financial Services Group Inc. closed $76.66 below its 52-week high ($228.14), which the company reached on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM fell 1.72% to $113.43, Wells Fargo & Co. WFC fell 1.36% to $37.65, and Fifth Third Bancorp FITB fell 4.26% to $33.25. Trading volume (3.4 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.
(END) Dow Jones Newswires
June 16, 2022 17:16 ET (21:16 GMT)
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