DJ M&T Bank Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of M&T Bank Corp. $(MTB)$ shed 2.14% to $206.73 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's second consecutive day of losses.
M&T Bank Corp. closed $18.97 short of its 52-week high ($225.70), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ fell 1.44% to $243.81, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 1.80% to $45.91, and Wells Fargo & Co. $(WFC)$ fell 2.30% to $72.62.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:59 ET (21:59 GMT)
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