Shares of Truist Financial Corp.
slid 1.17% to $60.78 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.14% to 4,208.12 and the Dow Jones Industrial Average
rising 0.07% to 34,600.38. This was the stock’s third consecutive day of losses. Truist Financial Corp. closed $1.91 short of its 52-week high ($62.69), which the company achieved on May 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Wells Fargo & Co.
fell 0.95% to $46.81, HDFC Bank Ltd. ADR
rose 0.51% to $76.42, and U.S. Bancorp
fell 0.52% to $60.67. Trading volume (5.7 M) eclipsed its 50-day average volume of 5.5 M.
Editor’s Note: This…