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Shares of Truist Financial Corp. TFC dropped 0.34% to $50.30 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. The stock's fall snapped a three-day winning streak. Truist Financial Corp. closed $18.65 short of 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 Monday, as Wells Fargo & Co. WFC fell 0.75% to $43.54, HDFC Bank Ltd. ADR HDB rose 0.45% to $63.08, and U.S. Bancorp USB rose 0.66% to $47.51. Trading volume (6.1 M) remained 345,410 below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 17:23 ET (21:23 GMT)
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