Regions Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Regions Financial Corp. (RF) inched 0.91% higher to $17.67 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's second consecutive day of gains.
Regions Financial Corp. closed $6.66 short of its 52-week high ($24.33), which the company achieved on February 2nd.
The stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 0.85% to $28.58, Wells Fargo & Co. (WFC) rose 0.56% to $41.21, and Citigroup Inc. (C) rose 0.26% to $45.91.
Trading volume (9.4 M) remained 4.3 million below its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 17:21 ET (21:21 GMT)
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