DJ M&T Bank Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of M&T Bank Corp. $(MTB)$ inched 0.89% higher to $193.25 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
This was the stock's third consecutive day of gains.
M&T Bank Corp. closed $32.45 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 0.49% to $240.85, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.32% to $45.40, and Wells Fargo & Co. $(WFC)$ rose 1.01% to $72.03.
Trading volume (1.0 M) remained 61,114 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 17:02 ET (22:02 GMT)
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