State Street stock falls 1.63% in broad market decline
Updated
Updated · MarketWatch · May 7
State Street stock falls 1.63% in broad market decline
8 articles · Updated · MarketWatch · May 7
Shares closed at $148.78 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow dropped 0.63% to 49,596.97.
The decline ended a two-day winning streak and left the stock 4.74% below its 52-week high of $156.18 reached on 21 April.
State Street underperformed Bank of America’s 1.59% drop and Goldman Sachs’ 1.22% fall, while roughly matching Morgan Stanley’s 1.64% decline. Trading volume was 1.8 million, below its 50-day average.
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