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Author: Don Obrien

Truist Financial Corp. stock outperforms competitors on strong trading day


Shares of Truist Financial Corp.
TFC,
+1.74%

advanced 1.74% to $57.97 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.88%

rising 0.88% to 4,509.37 and the Dow Jones Industrial Average
DJIA,
+0.69%

rising 0.69% to 35,455.80. Truist Financial Corp. closed $4.72 below its 52-week high ($62.69), which the company achieved on May 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Wells Fargo & Co.
WFC,
+1.55%

rose 1.55% to $49.81, HDFC Bank Ltd. ADR
HDB,
+0.88%

rose 0.88% to $77.93, and U.S. Bancorp
USB,
+1.85%

rose 1.85% to $58.30. Trading volume (3.8 M) remained 783,136 below its 50-day average volume of 4.5 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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