Regions Financial Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Regions Financial Corp. (RF) shed 1.36% to $17.43 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
The stock's fall snapped a two-day winning streak.
Regions Financial Corp. closed $6.90 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 Wednesday, as Bank of America Corp. (BAC) fell 1.68% to $28.10, Wells Fargo & Co. (WFC) fell 0.83% to $40.87, and Citigroup Inc. (C) fell 3.09% to $44.49.
Trading volume (6.2 M) remained 7.5 million below its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:21 ET (21:21 GMT)
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