U.S. Bancorp Stock Rises Thursday, Outperforms Market
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Shares of U.S. Bancorp (USB) advanced 1.02% to $47.59 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. This was the stock's fifth consecutive day of gains. U.S. Bancorp closed $15.98 below its 52-week high ($63.57), which the company achieved on January 13th.
The stock outperformed some of its competitors Thursday, as Bank of America Corp. (BAC) rose 0.26% to $34.47, Great Southern Bancorp Inc. (GSBC) rose 0.83% to $59.24, and Wells Fargo & Co. (WFC) rose 0.21% to $42.83. Trading volume (8.9 M) remained 1.2 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 17:30 ET (22:30 GMT)
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