M&T Bank Corp. Stock Underperforms Tuesday When Compared To Competitors

Dow Jones
2024-11-27

DJ M&T Bank Corp. Stock Underperforms Tuesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of M&T Bank Corp. $(MTB)$ sank 0.54% to $220.75 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.57% to 6,021.63 and the Dow Jones Industrial Average rising 0.28% to 44,860.31.

The stock's fall snapped a three-day winning streak.

M&T Bank Corp. closed $4.95 below its 52-week high ($225.70), which the company reached on November 25th.

The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. $(JPM)$ fell 0.13% to $249.97, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 0.53% to $47.75, and Wells Fargo & Co. $(WFC)$ rose 0.59% to $77.35.

Trading volume (764,818) remained 386,277 below its 50-day average volume of 1.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 26, 2024.

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(END) Dow Jones Newswires

November 26, 2024 16:59 ET (21:59 GMT)

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