U.S. Bancorp Stock Falls Thursday, Still Outperforms Market
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Shares of U.S. Bancorp (USB) slumped 0.78% to $45.67 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. The stock's fall snapped a four-day winning streak. U.S. Bancorp closed $17.90 below its 52-week high ($63.57), which the company achieved on January 13th.
The stock underperformed when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) fell 0.21% to $34.07, Great Southern Bancorp Inc. (GSBC) fell 0.56% to $58.76, and Wells Fargo & Co. (WFC) fell 0.54% to $42.42. Trading volume (8.4 M) remained 1.7 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 17:30 ET (22:30 GMT)
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