U.S. Bancorp Stock Rises Friday, Still Underperforms Market
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Shares of U.S. Bancorp (USB) rose 1.40% to $46.31 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. U.S. Bancorp closed $17.26 below its 52-week high ($63.57), which the company reached on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp. (BAC) rose 1.00% to $34.41, Great Southern Bancorp Inc. (GSBC) rose 1.77% to $59.80, and Wells Fargo & Co. (WFC) rose 0.90% to $42.80. Trading volume (8.2 M) remained 1.8 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 17:31 ET (22:31 GMT)
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