DJ Bank Of New York Mellon Corp. Stock Outperforms Competitors On Strong Trading Day

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Shares of Bank of New York Mellon Corp. $(BK)$ rallied 1.25% to $85.79 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.

This was the stock's second consecutive day of gains.

Bank of New York Mellon Corp. closed 0.02% short of its 52-week high of $85.81, which the company achieved on January 22nd.

The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ fell 0.42% to $264.84, Wells Fargo & Co. $(WFC)$ fell 0.14% to $77.32, and Morgan Stanley $(MS)$ rose 0.01% to $137.82.

Trading volume (4.3 M) eclipsed its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.

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January 24, 2025 16:45 ET (21:45 GMT)

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