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Shares of Bank of New York Mellon Corp. (BK) shed 1.25% to $41.02 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
The stock's fall snapped a three-day winning streak.
Bank of New York Mellon Corp. closed $11.24 short of its 52-week high ($52.26), which the company reached on February 14th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 0.05% to $136.48, Wells Fargo & Co. (WFC) fell 0.67% to $38.28, and Morgan Stanley (MS) fell 0.77% to $83.72.
Trading volume (3.7 M) remained 2.4 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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(END) Dow Jones Newswires
May 10, 2023 16:41 ET (20:41 GMT)
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