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Shares of Regions Financial Corp. (RF) shed 2.04% to $16.31 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
This was the stock's third consecutive day of losses.
Regions Financial Corp. closed $8.02 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 Wednesday, as Bank of America Corp. (BAC) fell 1.07% to $27.86, Wells Fargo & Co. (WFC) fell 0.49% to $38.65, and Citigroup Inc. (C) fell 0.72% to $45.67.
Trading volume (13.9 M) remained 3,127 below its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 17:22 ET (21:22 GMT)
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