Updated
Updated · MarketWatch · May 6
Truist Financial stock underperforms rivals despite rally
Updated
Updated · MarketWatch · May 6

Truist Financial stock underperforms rivals despite rally

7 articles · Updated · MarketWatch · May 6
  • Shares rose 1.70% to $50.80 on Wednesday, marking a second straight gain, while JPMorgan climbed 1.78%, Bank of America 0.90% and Wells Fargo 0.66%.
  • The stock finished 9.60% below its 52-week high of $56.20 reached on 6 February, even as the broader market advanced strongly.
  • The S&P 500 gained 1.46% and the Dow added 1.24%, but Truist trading volume was 5.0 million, well below its 50-day average of 9.2 million.
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