U.S. Bancorp Stock Outperforms Competitors Despite Losses On The Day
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Shares of U.S. Bancorp (USB) slid 1.25% to $30.11 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.
U.S. Bancorp closed $23.26 short of its 52-week high ($53.37), which the company achieved on May 31st.
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, Great Southern Bancorp Inc. (GSBC) fell 2.40% to $50.83, and Wells Fargo & Co. (WFC) fell 0.45% to $40.03.
Trading volume (15.0 M) remained 7.0 million below its 50-day average volume of 22.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 17:29 ET (21:29 GMT)
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