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Shares of Bank of New York Mellon Corp. (BK) inched 0.99% higher to $40.78 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
The stock's rise snapped a three-day losing streak.
Bank of New York Mellon Corp. closed $11.48 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 Friday, as JPMorgan Chase & Co. (JPM) rose 0.94% to $136.94, Wells Fargo & Co. (WFC) rose 0.81% to $41.23, and Morgan Stanley (MS) rose 1.08% to $83.90.
Trading volume (3.1 M) remained 2.3 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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(END) Dow Jones Newswires
May 26, 2023 16:41 ET (20:41 GMT)
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