KeyCorp stock slides 1.09% and underperforms rivals
Updated
Updated · MarketWatch · May 1
KeyCorp stock slides 1.09% and underperforms rivals
12 articles · Updated · MarketWatch · May 1
Shares closed at $21.87 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones fell 0.31% to 49,499.27.
KeyCorp ended 6.32% below its 52-week high of $23.35 reached on 9 February. Bank of America fell 0.41%, Wells Fargo dropped 1.73%, and Citigroup slipped 0.42%.
Trading volume was 5.8 million shares, 10.1 million below its 50-day average of 15.8 million, indicating lighter-than-usual investor activity during the mixed session.
Why is KeyCorp's stock falling despite record profits and analysts calling it deeply undervalued?
As the bank merger boom accelerates, is KeyCorp a takeover target or a predator itself?
With a severe recession stress test ahead, how resilient is KeyCorp's 'flawless' balance sheet?