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Shares of Regions Financial Corp. (RF) rose 6.17% to $16.86 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
Regions Financial Corp. closed $7.47 short of its 52-week high ($24.33), which the company reached on February 2nd.
The stock outperformed some of its competitors Wednesday, as Bank of America Corp. (BAC) rose 4.42% to $28.57, Wells Fargo & Co. (WFC) rose 5.39% to $40.46, and Citigroup Inc. (C) rose 3.98% to $47.08.
Trading volume (10.6 M) remained 4.2 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:21 ET (21:21 GMT)
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