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Shares of U.S. Bancorp (USB) shed 1.54% to $29.45 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.
U.S. Bancorp closed $23.92 below its 52-week high ($53.37), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 1.23% to $27.32, Great Southern Bancorp Inc. (GSBC) rose 0.88% to $50.25, and Wells Fargo & Co. (WFC) fell 0.67% to $38.28.
Trading volume (14.5 M) remained 6.2 million below its 50-day average volume of 20.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 17:30 ET (21:30 GMT)
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