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Shares of U.S. Bancorp (USB) slipped 1.80% to $28.92 Thursday, on what proved to be an all-around poor 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.
U.S. Bancorp closed $24.45 short of its 52-week high ($53.37), which the company reached on May 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. (BAC) rose 0.26% to $27.39, Great Southern Bancorp Inc. (GSBC) fell 2.63% to $48.93, and Wells Fargo & Co. (WFC) rose 0.13% to $38.33.
Trading volume (16.4 M) remained 4.3 million below its 50-day average volume of 20.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 17:31 ET (21:31 GMT)
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