DJ M&T Bank Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of M&T Bank Corp. $(MTB)$ slipped 1.35% to $215.69 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
This was the stock's second consecutive day of losses.
M&T Bank Corp. closed $10.01 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 Monday, as JPMorgan Chase & Co. $(JPM)$ fell 1.39% to $246.25, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.99% to $47.04, and Wells Fargo & Co. $(WFC)$ fell 1.17% to $75.28.
Trading volume (903,195) remained 211,346 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 16:59 ET (21:59 GMT)
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