Financial Services News

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

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Shares of PNC Financial Services Group Inc.
PNC,
-0.71%
slumped 0.71% to $185.02 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.46%
falling 0.46% to 4,402.66 and Dow Jones Industrial Average
DJIA,
-0.92%
falling 0.92% to 34,792.67. PNC Financial Services Group Inc. closed $18.86 below its 52-week high ($203.88), which the company achieved on May 10th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co.
JPM,
-1.08%
fell 1.08% to $151.24, Wells Fargo & Co.
WFC,
-1.45%
fell 1.45% to $46.15, and Fifth Third Bancorp
FITB,
-1.28%
fell 1.28% to $36.37.true Trading volume (1.0 M) remained 529,880 below its 50-day average volume of 1.5 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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