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Shares of Regions Financial Corp. (RF) slid 2.30% to $17.84 Monday, on what proved to be an all-around rough 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.
Regions Financial Corp. closed $6.49 short of its 52-week high ($24.33), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Bank of America Corp. (BAC) fell 0.82% to $29.04, Wells Fargo & Co. (WFC) rose 1.61% to $40.39, and Citigroup Inc. (C) rose 0.38% to $47.25.
Trading volume (11.5 M) remained 2.3 million below its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.
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May 01, 2023 17:21 ET (21:21 GMT)
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