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Shares of Regions Financial Corp. (RF) rose 2.67% to $16.16 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
This was the stock's second consecutive day of gains.
Regions Financial Corp. closed $8.17 short of its 52-week high ($24.33), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Bank of America Corp. (BAC) rose 2.07% to $27.65, Wells Fargo & Co. (WFC) rose 3.41% to $38.77, and Citigroup Inc. (C) rose 1.32% to $46.05.
Trading volume (7.6 M) remained 7.1 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:22 ET (21:22 GMT)
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