U.S. Bancorp Stock Underperforms Friday When Compared To Competitors
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Shares of U.S. Bancorp (USB) slumped 0.55% to $47.33 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. The stock's fall snapped a five-day winning streak. U.S. Bancorp closed $16.22 below its 52-week high ($63.55), which the company reached on January 18th.
The stock underperformed when compared to some of its competitors Friday, as Bank of America Corp. (BAC) rose 2.20% to $35.23, Great Southern Bancorp Inc. (GSBC) rose 1.23% to $59.97, and Wells Fargo & Co. (WFC) rose 3.25% to $44.22. Trading volume (8.2 M) remained 1.9 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:30 ET (22:30 GMT)
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