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Shares of Truist Financial Corp. TFC slipped 0.43% to $48.14 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.93% to 3,961.63 and Dow Jones Industrial Average DJIA falling 0.43% to 31,899.29. Truist Financial Corp. closed $20.81 short of its 52-week high ($68.95), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Friday, as Wells Fargo & Co. WFC fell 0.25% to $43.17, HDFC Bank Ltd. ADR HDB rose 0.58% to $58.61, and U.S. Bancorp USB rose 0.21% to $47.71. Trading volume (4.6 M) remained 2.2 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2022.
(END) Dow Jones Newswires
July 22, 2022 17:23 ET (21:23 GMT)
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