Financial Services News

PNC Financial Services Group Inc. stock falls Friday, underperforms market

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Shares of PNC Financial Services Group Inc.
PNC,
-1.98%
shed 1.98% to $164.00 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.40%
rising 0.40% to 3,999.09 and the Dow Jones Industrial Average
DJIA,
+0.33%
rising 0.33% to 34,302.61. The stock’s fall snapped a five-day winning streak. PNC Financial Services Group Inc. closed $60.57 below its 52-week high ($224.57), which the company reached on January 14th.

The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co.
JPM,
+2.52%
rose 2.52% to $143.01, Bank of America Corp.
BAC,
+2.20%
rose 2.20% to $35.23, and Wells Fargo & Co.
WFC,
+3.25%
rose 3.25% to $44.22. Trading volume (4.4 M) eclipsed its 50-day average volume of 2.2 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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