KeyCorp stock rises 2.03% and outperforms banking rivals
Updated
Updated · MarketWatch · Apr 30
KeyCorp stock rises 2.03% and outperforms banking rivals
9 articles · Updated · MarketWatch · Apr 30
The shares closed at $22.11 on Thursday, while the S&P 500 gained 1.02% and the Dow Jones rose 1.62% in a broadly positive session.
KeyCorp beat Bank of America, Wells Fargo and Citigroup, whose shares rose 1.10%, 0.88% and 0.29% respectively.
The stock finished 5.29% below its 52-week high of $23.35 reached on 9 February, and trading volume of 9.4 million was well below its 50-day average of 15.9 million.
With a bullish outlook, why are KeyCorp executives selling millions in company stock?
Can KeyCorp's record earnings overcome the M&A slowdown caused by geopolitical conflict?