DJ Truist Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Truist Financial Corp. (TFC) advanced 1.30% to $47.61 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's second consecutive day of gains.
Truist Financial Corp. closed 2.95% short of its 52-week high of $49.06, which the company reached on November 25th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 0.38% to $265.85, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.23% to $47.09, and Wells Fargo & Co. $(WFC)$ rose 0.80% to $77.94.
Trading volume (5.0 M) remained 2.5 million below its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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January 27, 2025 16:46 ET (21:46 GMT)
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