U.S. Bancorp Stock Rises Thursday, Still Underperforms Market
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Shares of U.S. Bancorp (USB) rose 1.63% to $43.57 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. U.S. Bancorp closed $20.00 below its 52-week high ($63.57), which the company reached on January 13th.
The stock outperformed some of its competitors Thursday, as Bank of America Corp. (BAC) rose 1.13% to $33.14, Great Southern Bancorp Inc. (GSBC) rose 0.28% to $59.94, and Wells Fargo & Co. (WFC) rose 0.51% to $41.33. Trading volume (6.0 M) remained 4.3 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:30 ET (22:30 GMT)
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