U.S. Bancorp Stock Outperforms Market On Strong Trading Day
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Shares of U.S. Bancorp (USB) rose 1.04% to $43.65 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the S&P 500 Index falling 0.40% to 3,829.25. This was the stock's fourth consecutive day of gains. U.S. Bancorp closed $19.92 short of its 52-week high ($63.57), which the company reached on January 13th.
The stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 0.18% to $32.53, Great Southern Bancorp Inc. (GSBC) fell 0.89% to $59.88, and Wells Fargo & Co. (WFC) rose 0.15% to $41.04. Trading volume (7.5 M) remained 3.2 million below its 50-day average volume of 10.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 17:30 ET (22:30 GMT)
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