U.S. Bancorp Stock Underperforms Tuesday When Compared To Competitors
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Shares of U.S. Bancorp (USB) shed 2.10% to $46.67 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. The stock's fall snapped a two-day winning streak. U.S. Bancorp closed $13.83 below its 52-week high ($60.50), which the company reached on February 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 0.73% to $34.57, Great Southern Bancorp Inc. (GSBC) fell 0.75% to $58.05, and Wells Fargo & Co. (WFC) fell 1.29% to $44.45. Trading volume (12.5 M) eclipsed its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 17:30 ET (22:30 GMT)
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