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Shares of Regions Financial Corp. (RF) advanced 1.58% to $18.00 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.96% to 4,135.35 and the Dow Jones Industrial Average rising 1.57% to 33,826.16.
The stock's rise snapped a five-day losing streak.
Regions Financial Corp. closed $6.33 below its 52-week high ($24.33), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) rose 1.58% to $28.89, Wells Fargo & Co. (WFC) rose 0.51% to $39.66, and Citigroup Inc. (C) rose 0.36% to $47.03.
Trading volume (7.5 M) remained 6.1 million below its 50-day average volume of 13.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2023.
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April 27, 2023 17:22 ET (21:22 GMT)
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