U.S. Bancorp Stock Underperforms Wednesday When Compared To Competitors
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Shares of U.S. Bancorp (USB) shed 0.69% to $43.35 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.20% to 3,783.22 and Dow Jones Industrial Average falling 1.10% to 32,875.71. The stock's fall snapped a four-day winning streak. U.S. Bancorp closed $20.22 short of its 52-week high ($63.57), which the company reached on January 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) rose 0.74% to $32.77, Great Southern Bancorp Inc. (GSBC) fell 0.18% to $59.77, and Wells Fargo & Co. (WFC) rose 0.19% to $41.12. Trading volume (6.4 M) remained 4.1 million below its 50-day average volume of 10.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 28, 2022.
(END) Dow Jones Newswires
December 28, 2022 17:30 ET (22:30 GMT)
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