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Shares of Truist Financial Corp. TFC inched 0.69% higher to $48.35 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.99% to 3,998.95 and the Dow Jones Industrial Average DJIA rising 0.51% to 32,036.90. Truist Financial Corp. closed $20.60 below its 52-week high ($68.95), which the company achieved on January 18th.
The stock underperformed when compared to some of its competitors Thursday, as Wells Fargo & Co. WFC rose 1.31% to $43.28, HDFC Bank Ltd. ADR HDB rose 1.16% to $58.27, and U.S. Bancorp USB rose 1.19% to $47.61. Trading volume (5.0 M) remained 1.8 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 21, 2022.
(END) Dow Jones Newswires
July 21, 2022 17:23 ET (21:23 GMT)
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