Regions Financial Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Regions Financial Corp. (RF) sank 0.61% to $16.30 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
This was the stock's second consecutive day of losses.
Regions Financial Corp. closed $8.03 below its 52-week high ($24.33), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) fell 0.11% to $27.66, Wells Fargo & Co. (WFC) rose 0.42% to $38.54, and Citigroup Inc. (C) rose 0.35% to $46.52.
Trading volume (8.9 M) remained 5.7 million below its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:22 ET (21:22 GMT)
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