Regions Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Regions Financial Corp. (RF) advanced 1.42% to $15.74 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
The stock's rise snapped a four-day losing streak.
Regions Financial Corp. closed $8.59 below its 52-week high ($24.33), which the company reached on February 2nd.
The stock outperformed some of its competitors Friday, as Bank of America Corp. (BAC) fell 1.10% to $27.09, Wells Fargo & Co. (WFC) fell 2.19% to $37.49, and Citigroup Inc. (C) fell 1.26% to $45.45.
Trading volume (11.2 M) remained 3.6 million below its 50-day average volume of 14.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 17:22 ET (21:22 GMT)
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