Bank Of New York Mellon Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Bank of New York Mellon Corp. (BK) slipped 0.83% to $40.68 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's second consecutive day of losses.
Bank of New York Mellon Corp. closed $11.58 below its 52-week high ($52.26), which the company reached on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) fell 0.32% to $136.05, Wells Fargo & Co. (WFC) rose 0.13% to $38.33, and Morgan Stanley (MS) fell 1.30% to $82.63.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 16:42 ET (20:42 GMT)
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