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Shares of U.S. Bancorp (USB) rose 1.79% to $29.65 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.
U.S. Bancorp closed $23.72 below 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 Monday, as Bank of America Corp. (BAC) rose 2.07% to $27.65, Great Southern Bancorp Inc. (GSBC) rose 0.82% to $49.43, and Wells Fargo & Co. (WFC) rose 3.41% to $38.77.
Trading volume (12.7 M) remained 8.4 million below its 50-day average volume of 21.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:31 ET (21:31 GMT)
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