Regions Financial Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Regions Financial Corp. (RF) shed 1.29% to $16.09 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.
This was the stock's third consecutive day of losses.
Regions Financial Corp. closed $8.24 below its 52-week high ($24.33), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 1.23% to $27.32, Wells Fargo & Co. (WFC) fell 0.67% to $38.28, and Citigroup Inc. (C) fell 0.32% to $46.37.
Trading volume (8.5 M) remained 6.2 million below its 50-day average volume of 14.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:22 ET (21:22 GMT)
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