KeyCorp stock rises 1.65% and outperforms competitors
Updated
Updated · MarketWatch · May 6
KeyCorp stock rises 1.65% and outperforms competitors
8 articles · Updated · MarketWatch · May 6
Shares closed at $22.23 on Wednesday, marking a second straight gain as the S&P 500 rose 1.46% and the Dow Jones Industrial Average gained 1.24%.
KeyCorp outpaced Bank of America and Wells Fargo, while Citigroup slipped 0.32% in the same session.
The stock finished 4.78% below its 52-week high of $23.35 reached on 9 February, while trading volume of 11.2 million stayed below its 50-day average of 14.8 million.
Will aggressive buybacks and a UK acquisition fix KeyCorp's weak long-term earnings and margin growth?
Can KeyCorp’s European expansion and AI push overcome the M&A slowdown caused by new geopolitical conflict?