DJ Truist Financial Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Truist Financial Corp. (TFC) slipped 1.64% to $35.31 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
This was the stock's third consecutive day of losses.
Truist Financial Corp. closed 28.02% short of its 52-week high of $49.06, which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ fell 1.28% to $228.99, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 1.31% to $36.92, and Wells Fargo & Co. $(WFC)$ fell 1.08% to $64.01.
Trading volume (10.1 M) remained 520,132 below its 50-day average volume of 10.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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(END) Dow Jones Newswires
April 21, 2025 16:49 ET (20:49 GMT)
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