Regions Financial Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Regions Financial Corp. (RF) shed 3.43% to $15.75 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.72% to 4,061.22 and Dow Jones Industrial Average falling 0.86% to 33,127.74.
This was the stock's fourth consecutive day of losses.
Regions Financial Corp. closed $8.58 short of its 52-week high ($24.33), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) fell 3.12% to $26.99, Wells Fargo & Co. (WFC) fell 4.25% to $36.72, and Citigroup Inc. (C) fell 1.69% to $44.90.
Trading volume (24.7 M) eclipsed its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2023.
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May 04, 2023 17:22 ET (21:22 GMT)
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