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Author: Don Obrien

Truist Financial Corp. stock outperforms market on strong trading day


Shares of Truist Financial Corp.
TFC,
+1.59%

advanced 1.59% to $58.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.15%

rising 0.15% to 4,455.48 and the Dow Jones Industrial Average
DJIA,
+0.10%

rising 0.10% to 34,798.00. This was the stock’s third consecutive day of gains. Truist Financial Corp. closed $4.69 short of its 52-week high ($62.69), which the company achieved on May 18th.

The stock outperformed some of its competitors Friday, as Wells Fargo & Co.
WFC,
+0.25%

rose 0.25% to $47.92, HDFC Bank Ltd. ADR
HDB,
-0.45%

fell 0.45% to $73.65, and U.S. Bancorp
USB,
+0.84%

rose 0.84% to $59.79. Trading volume (5.6 M) eclipsed its 50-day average volume of 4.6 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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