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Shares of Truist Financial Corp. TFC rallied 2.23% to $49.55 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.62% to 4,023.61 and the Dow Jones Industrial Average DJIA rising 1.37% to 32,197.59. Truist Financial Corp. closed $19.40 below its 52-week high ($68.95), which the company reached on January 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Wells Fargo & Co. WFC rose 1.89% to $43.71, HDFC Bank Ltd. ADR HDB rose 2.29% to $59.95, and U.S. Bancorp USB rose 1.67% to $48.21. Trading volume (5.4 M) remained 1.2 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 27, 2022.
(END) Dow Jones Newswires
July 27, 2022 17:23 ET (21:23 GMT)
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