DJ Truist Financial Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Truist Financial Corp. (TFC) rallied 1.03% to $41.27 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,675.29 and the Dow Jones Industrial Average rising 0.92% to 41,964.63.
Truist Financial Corp. closed 15.87% short of its 52-week high of $49.06, which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 1.76% to $239.11, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.34% to $42.21, and Wells Fargo & Co. $(WFC)$ rose 2.32% to $72.76.
Trading volume (7.3 M) remained 767,803 below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 19, 2025.
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(END) Dow Jones Newswires
March 19, 2025 16:47 ET (20:47 GMT)
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