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Shares of KeyCorp (KEY) advanced 1.32% to $16.17 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.97% to 3,719.04 and the Dow Jones Industrial Average rising 1.88% to 29,683.74. The stock's rise snapped a six-day losing streak. KeyCorp closed $11.00 below its 52-week high ($27.17), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 2.02% to $107.99, Wells Fargo & Co. (WFC) rose 1.95% to $40.81, and PNC Financial Services Group Inc. (PNC) rose 2.40% to $151.59. Trading volume (11.8 M) eclipsed its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 28, 2022.
(END) Dow Jones Newswires
September 28, 2022 17:03 ET (21:03 GMT)
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