U.S. Bancorp Stock Falls Thursday, Still Outperforms Market
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Shares of U.S. Bancorp (USB) slumped 0.39% to $45.63 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the stock's second consecutive day of losses. U.S. Bancorp closed $14.87 below its 52-week high ($60.50), which the company reached on February 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) fell 1.45% to $33.23, Great Southern Bancorp Inc. (GSBC) rose 1.03% to $58.09, and Wells Fargo & Co. (WFC) fell 0.99% to $42.95. Trading volume (9.1 M) remained 852,205 below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 17:30 ET (22:30 GMT)
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