Regions Financial Corp. Stock Rises Friday, Outperforms Market
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Shares of Regions Financial Corp. (RF) rallied 2.30% to $17.78 Friday, on what proved to be an all-around great 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 two-day losing streak.
Regions Financial Corp. closed $6.55 below its 52-week high ($24.33), which the company reached on February 2nd.
The stock outperformed some of its competitors Friday, as Bank of America Corp. (BAC) rose 0.50% to $28.31, Wells Fargo & Co. (WFC) rose 0.81% to $41.23, and Citigroup Inc. (C) rose 0.84% to $44.60.
Trading volume (7.3 M) remained 5.4 million below its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 17:21 ET (21:21 GMT)
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