Regions Financial Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Regions Financial Corp. (RF) inched 0.77% higher to $16.99 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's second consecutive day of gains.
Regions Financial Corp. closed $7.34 short of its 52-week high ($24.33), which the company achieved on February 2nd.
The stock outperformed some of its competitors Thursday, as Bank of America Corp. (BAC) fell 0.35% to $28.47, Wells Fargo & Co. (WFC) fell 0.62% to $40.21, and Citigroup Inc. (C) fell 1.47% to $46.39.
Trading volume (7.4 M) remained 7.5 million below its 50-day average volume of 14.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 17:22 ET (21:22 GMT)
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