U.S. Bancorp Stock Outperforms Competitors On Strong Trading Day
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Shares of U.S. Bancorp (USB) inched 0.57% higher to $29.91 Tuesday, on what proved to be an all-around dismal 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.
U.S. Bancorp closed $23.46 below its 52-week high ($53.37), which the company achieved on May 31st.
The stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) fell 0.11% to $27.66, Great Southern Bancorp Inc. (GSBC) fell 0.12% to $49.81, and Wells Fargo & Co. (WFC) rose 0.42% to $38.54.
Trading volume (18.2 M) remained 2.0 million below its 50-day average volume of 20.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:31 ET (21:31 GMT)
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