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Shares of Regions Financial Corp. (RF) shed 1.73% to $15.88 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
The stock's fall snapped a two-day winning streak.
Regions Financial Corp. closed $8.45 below its 52-week high ($24.33), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) fell 1.05% to $27.36, Wells Fargo & Co. (WFC) fell 0.98% to $38.39, and Citigroup Inc. (C) fell 1.67% to $45.28.
Trading volume (9.5 M) remained 5.2 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:22 ET (21:22 GMT)
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