DJ M&T Bank Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of M&T Bank Corp. $(MTB)$ slid 0.33% to $199.29 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
This was the stock's third consecutive day of losses.
M&T Bank Corp. closed $26.41 short of its 52-week high ($225.70), which the company reached on November 25th.
Despite its losses, the stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ fell 0.66% to $239.94, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 0.89% to $45.67, and Wells Fargo & Co. $(WFC)$ fell 0.51% to $70.44.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 17:00 ET (22:00 GMT)
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