Financial Services News

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

[ad_1]

Shares of PNC Financial Services Group Inc.
PNC,
+3.86%
rose 3.86% to $192.39 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+2.24%
rising 2.24% to 4,357.86 and the Dow Jones Industrial Average
DJIA,
+1.55%
rising 1.55% to 34,063.10. This was the stock’s third consecutive day of gains. PNC Financial Services Group Inc. closed $35.75 short of its 52-week high ($228.14), which the company reached on January 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.
JPM,
+4.47%
rose 4.47% to $138.40, Wells Fargo & Co.
WFC,
+2.97%
rose 2.97% to $51.60, and Fifth Third Bancorp
FITB,
+3.73%
rose 3.73% to $47.50. Trading volume (2.1 M) remained 361,274 below its 50-day average volume of 2.4 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.

[ad_2]

Source link