Daily Trade News

Wells Fargo & Co. stock rises Tuesday, outperforms market


Shares of Wells Fargo & Co.
WFC,
+2.00%

rallied 2.00% to $47.96 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.05%

rising 1.05% to 4,345.72 and the Dow Jones Industrial Average
DJIA,
+0.92%

rising 0.92% to 34,314.67. Wells Fargo & Co. closed $3.45 short of its 52-week high ($51.41), which the company achieved on August 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
+1.63%

rose 1.63% to $168.66, Bank of America Corp.
BAC,
+2.03%

rose 2.03% to $44.22, and Citigroup Inc.
C,
+1.74%

rose 1.74% to $72.53. Trading volume (20.2 M) remained 6.1 million below its 50-day average volume of 26.3 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.



Read More: Wells Fargo & Co. stock rises Tuesday, outperforms market