Fifth Third Bancorp stock rises for second straight day
Updated
Updated · MarketWatch · May 6
Fifth Third Bancorp stock rises for second straight day
7 articles · Updated · MarketWatch · May 6
Shares gained 1.07% to $50.84 on Wednesday, while the S&P 500 rose 1.46% and the Dow added 1.24% in a broadly positive session.
The stock still lagged JPMorgan's 1.78% rise, outpaced Bank of America's 0.90% gain and beat Wells Fargo's 0.66% increase.
Fifth Third closed 8.30% below its 52-week high of $55.44 reached on 11 February, with trading volume of 5.1 million well below its 50-day average of 8.7 million.
With a new Fed chair and global uncertainty, is Fifth Third Bank poised for a breakout or a breakdown?
Can Fifth Third's acquisition synergies and tech bets outpace its exposure to the looming commercial real estate crisis?