U.S. Bancorp Stock Underperforms Wednesday When Compared To Competitors
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Shares of U.S. Bancorp (USB) slid 3.44% to $45.81 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. U.S. Bancorp closed $14.69 short of its 52-week high ($60.50), which the company achieved on February 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 2.32% to $33.72, Great Southern Bancorp Inc. (GSBC) fell 3.25% to $57.50, and Wells Fargo & Co. (WFC) fell 1.68% to $43.38. Trading volume (8.4 M) remained 1.7 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:30 ET (22:30 GMT)
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