Bank Of New York Mellon Corp. Stock Rises Monday, Outperforms Market
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Shares of Bank of New York Mellon Corp. (BK) inched 0.88% higher to $41.25 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
Bank of New York Mellon Corp. closed $11.01 below its 52-week high ($52.26), which the company achieved on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) fell 0.83% to $138.03, Wells Fargo & Co. (WFC) rose 2.37% to $40.98, and Morgan Stanley (MS) rose 0.04% to $82.27.
Trading volume (3.2 M) remained 2.7 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 16:42 ET (20:42 GMT)
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