DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ rallied 1.81% to $191.15 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
The stock's rise snapped a three-day losing streak.
M&T Bank Corp. closed $34.55 below its 52-week high ($225.70), which the company reached on November 25th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 1.81% to $244.21, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.11% to $45.06, and Wells Fargo & Co. $(WFC)$ rose 0.81% to $70.53.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 17:01 ET (22:01 GMT)
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