U.S. Bancorp Stock Outperforms Market On Strong Trading Day
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Shares of U.S. Bancorp (USB) rallied 3.11% to $46.03 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. This was the stock's fourth consecutive day of gains. U.S. Bancorp closed $17.54 below its 52-week high ($63.57), which the company achieved on January 13th.
The stock outperformed some of its competitors Wednesday, as Bank of America Corp. (BAC) rose 1.88% to $34.14, Great Southern Bancorp Inc. (GSBC) fell 0.20% to $59.09, and Wells Fargo & Co. (WFC) rose 2.06% to $42.65. Trading volume (16.3 M) eclipsed its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 17:30 ET (22:30 GMT)
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