U.S. Bancorp Stock Falls Tuesday, Underperforms Market
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Shares of U.S. Bancorp (USB) shed 0.03% to $30.66 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
U.S. Bancorp closed $22.71 short of its 52-week high ($53.37), which the company achieved on May 31st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) fell 0.18% to $28.26, Great Southern Bancorp Inc. (GSBC) fell 1.03% to $49.97, and Wells Fargo & Co. (WFC) fell 0.61% to $40.98.
Trading volume (12.8 M) remained 6.9 million below its 50-day average volume of 19.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 17:30 ET (21:30 GMT)
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