Wells Fargo & Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Wells Fargo & Co. (WFC) rose 3.41% to $38.77 Monday, on what proved to be an all-around great 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.
Wells Fargo & Co. closed $10.07 short of its 52-week high ($48.84), which the company reached on February 14th.
The stock outperformed some of its competitors Monday, as U.S. Bancorp (USB) rose 1.79% to $29.65, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) fell 0.09% to $22.40, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) rose 0.71% to $15.69.
Trading volume (24.4 M) remained 3.9 million below its 50-day average volume of 28.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:33 ET (21:33 GMT)
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