DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ advanced 2.08% to $221.12 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
M&T Bank Corp. hit a new 52-week high, surpassing its previous peak of $218.92, which the company achieved on November 21st.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.55% to $248.55, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.16% to $47.00, and Wells Fargo & Co. $(WFC)$ rose 1.51% to $75.96.
Trading volume (951,337) remained 199,169 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:59 ET (21:59 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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