PNC Financial Services Group Inc. Stock Underperforms Tuesday When Compared To Competitors

BlackRock Corporate High Yield Fund, Inc

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PNC Financial Services Group Inc. Stock Underperforms Tuesday When Compared To Competitors

5:16 pm ET June 28, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PNC Financial Services Group Inc. PNC shed 1.05% to $159.75 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.01% to 3,821.55 and Dow Jones Industrial Average DJIA falling 1.56% to 30,946.99. This was the stock's second consecutive day of losses. PNC Financial Services Group Inc. closed $68.39 short of its 52-week high ($228.14), which the company achieved on January 13th.

The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM fell 0.48% to $115.82, Wells Fargo & Co. WFC fell 0.15% to $40.18, and Fifth Third Bancorp FITB fell 0.09% to $34.84. Trading volume (1.6 M) remained 763,214 below its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 28, 2022.

(END) Dow Jones Newswires

June 28, 2022 17:16 ET (21:16 GMT)