DJ Bank Of New York Mellon Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Bank of New York Mellon Corp. $(BK)$ rose 1.52% to $82.14 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
This was the stock's fifth consecutive day of gains.
Bank of New York Mellon Corp. closed 9.08% below its 52-week high of $90.34, which the company achieved on March 3rd.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 2.28% to $252.51, Wells Fargo & Co. $(WFC)$ rose 2.77% to $73.80, and Morgan Stanley $(MS)$ rose 2.96% to $120.22.
Trading volume (4.3 M) remained 305,500 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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May 02, 2025 16:45 ET (20:45 GMT)
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