Regions Financial Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Regions Financial Corp. (RF) shed 3.54% to $15.52 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 fourth consecutive day of losses.
Regions Financial Corp. closed $8.81 short of its 52-week high ($24.33), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) rose 0.26% to $27.39, Wells Fargo & Co. (WFC) rose 0.13% to $38.33, and Citigroup Inc. (C) fell 0.73% to $46.03.
Trading volume (11.7 M) remained 2.9 million below its 50-day average volume of 14.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 17:22 ET (21:22 GMT)
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