Bank Of New York Mellon Corp. Stock Falls Monday, Underperforms Market
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Shares of Bank of New York Mellon Corp. (BK) shed 1.06% to $42.14 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.04% to 4,167.87 and Dow Jones Industrial Average falling 0.14% to 34,051.70.
The stock's fall snapped a two-day winning streak.
Bank of New York Mellon Corp. closed $10.12 below 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 2.14% to $141.20, Wells Fargo & Co. (WFC) rose 1.61% to $40.39, and Morgan Stanley (MS) fell 2.27% to $87.93.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.
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May 01, 2023 16:41 ET (20:41 GMT)
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