Regions Financial Corp. Stock Falls Friday, Underperforms Market
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Shares of Regions Financial Corp. (RF) sank 0.77% to $16.86 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
The stock's fall snapped a two-day winning streak.
Regions Financial Corp. closed $7.47 below its 52-week high ($24.33), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp. (BAC) fell 1.26% to $28.11, Wells Fargo & Co. (WFC) fell 0.45% to $40.03, and Citigroup Inc. (C) fell 1.47% to $45.71.
Trading volume (8.7 M) remained 6.0 million below its 50-day average volume of 14.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 17:21 ET (21:21 GMT)
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