Bank Of New York Mellon Corp. Stock Underperforms Tuesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Bank of New York Mellon Corp. (BK) shed 3.10% to $42.49 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.58% to 4,071.63 and Dow Jones Industrial Average falling 1.02% to 33,530.83.
This was the stock's fourth consecutive day of losses.
Bank of New York Mellon Corp. closed $9.77 below its 52-week high ($52.26), which the company achieved on February 14th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) fell 2.17% to $137.67, Wells Fargo & Co. (WFC) fell 2.17% to $40.55, and Morgan Stanley (MS) fell 2.37% to $88.06.
Trading volume (5.4 M) remained 469,373 below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 25, 2023 16:41 ET (20:41 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.