U.S. Bancorp Stock Outperforms Competitors On Strong Trading Day
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Shares of U.S. Bancorp (USB) inched 0.73% higher to $29.13 Friday, on what proved to be an all-around rough 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 two-day losing streak.
U.S. Bancorp closed $24.24 short of its 52-week high ($53.37), which the company achieved on May 31st.
The stock outperformed some of its competitors Friday, as Bank of America Corp. (BAC) fell 1.10% to $27.09, Great Southern Bancorp Inc. (GSBC) rose 0.20% to $49.03, and Wells Fargo & Co. (WFC) fell 2.19% to $37.49.
Trading volume (16.9 M) remained 4.2 million below its 50-day average volume of 21.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 17:30 ET (21:30 GMT)
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