Financial Services News

PNC Financial Services Group Inc. stock underperforms Thursday when compared to competitors despite daily gains

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Shares of PNC Financial Services Group Inc.
PNC,
+1.83%
rose 1.83% to $198.18 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.82%
rising 0.82% to 4,201.62 and the Dow Jones Industrial Average
DJIA,
+0.93%
rising 0.93% to 34,548.53. This was the stock’s fourth consecutive day of gains. PNC Financial Services Group Inc. hit a new 52-week high, surpassing its previous peak of $196.50, which the company achieved on May 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co.
JPM,
+2.01%
rose 2.01% to $160.69, Wells Fargo & Co.
WFC,
+1.72%
rose 1.72% to $46.63, and Fifth Third Bancorp
FITB,
+0.89%
rose 0.89% to $41.92. Trading volume (1.6 M) remained 275,931 below its 50-day average volume of 1.9 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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