DJ Truist Financial Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Truist Financial Corp. (TFC) advanced 2.20% to $39.56 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
The stock's rise snapped a three-day losing streak.
Truist Financial Corp. closed 19.36% below its 52-week high of $49.06, which the company reached on November 25th.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 1.64% to $253.47, $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.64% to $41.60, and Wells Fargo & Co. $(WFC)$ rose 0.18% to $73.31.
Trading volume (7.3 M) remained 3.7 million below its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 16:49 ET (20:49 GMT)
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