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Shares of Regions Financial Corp. (RF) slid 3.47% to $17.27 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's fall snapped a two-day winning streak.
Regions Financial Corp. closed $7.06 below its 52-week high ($24.33), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 1.66% to $27.79, Wells Fargo & Co. (WFC) fell 2.86% to $39.81, and Citigroup Inc. (C) fell 0.85% to $44.32.
Trading volume (10.7 M) remained 716,037 below its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:22 ET (21:22 GMT)
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