DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ inched 0.38% higher to $188.72 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
The stock's rise snapped a three-day losing streak.
M&T Bank Corp. closed $36.98 below its 52-week high ($225.70), which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 0.12% to $240.00, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 0.77% to $44.29, and Wells Fargo & Co. $(WFC)$ fell 0.07% to $70.19.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 17:03 ET (22:03 GMT)
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