PNC Financial Services Group Inc. Stock Falls Monday, Underperforms Market
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Shares of PNC Financial Services Group Inc. PNC shed 0.85% to $161.45 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. PNC Financial Services Group Inc. closed $66.69 short of 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 Monday, as JPMorgan Chase & Co. JPM fell 0.80% to $116.38, Wells Fargo & Co. WFC fell 1.28% to $40.24, and Fifth Third Bancorp FITB fell 0.99% to $34.87. Trading volume (1.5 M) remained 896,648 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:16 ET (21:16 GMT)
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