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Shares of Regions Financial Corp. (RF) advanced 4.03% to $18.06 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
Regions Financial Corp. closed $6.27 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 3.35% to $28.71, Wells Fargo & Co. (WFC) rose 2.95% to $41.24, and Citigroup Inc. (C) rose 3.30% to $46.32.
Trading volume (9.3 M) remained 1.9 million below its 50-day average volume of 11.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:12 ET (21:12 GMT)
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