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Shares of Bank of New York Mellon Corp. (BK) shed 1.76% to $44.05 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.09% to 4,133.52 and the Dow Jones Industrial Average rising 0.07% to 33,808.96.
This was the stock's second consecutive day of losses.
Bank of New York Mellon Corp. closed $8.21 below its 52-week high ($52.26), which the company reached on February 14th.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) fell 0.19% to $140.54, Wells Fargo & Co. (WFC) fell 1.03% to $41.24, and Morgan Stanley (MS) rose 0.76% to $91.12.
Trading volume (5.2 M) remained 718,973 below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2023.
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(END) Dow Jones Newswires
April 21, 2023 16:41 ET (20:41 GMT)
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