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Shares of Regions Financial Corp. (RF) dropped 0.85% to $16.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.05% to 4,138.12 and the Dow Jones Industrial Average falling 0.17% to 33,618.69.
Regions Financial Corp. closed $7.93 short of its 52-week high ($24.33), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Bank of America Corp. (BAC) fell 0.07% to $27.69, Wells Fargo & Co. (WFC) rose 1.16% to $38.38, and Citigroup Inc. (C) rose 0.09% to $46.36.
Trading volume (9.3 M) remained 5.2 million below its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2023.
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May 08, 2023 17:23 ET (21:23 GMT)
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