Bank Of New York Mellon Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Bank of New York Mellon Corp. (BK) slumped 0.45% to $43.85 Monday, 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 4,137.04 and the Dow Jones Industrial Average rising 0.20% to 33,875.40.
This was the stock's third consecutive day of losses.
Bank of New York Mellon Corp. closed $8.41 short of its 52-week high ($52.26), which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) rose 0.14% to $140.73, Wells Fargo & Co. (WFC) rose 0.51% to $41.45, and Morgan Stanley (MS) fell 1.01% to $90.20.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2023.
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April 24, 2023 16:41 ET (20:41 GMT)
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