Daily Trade News

Truist Financial Corp. stock rises Tuesday, outperforms market


Shares of Truist Financial Corp.
TFC,
+1.27%

rose 1.27% to $62.91 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.17%

rising 0.17% to 4,690.70 and the Dow Jones Industrial Average
DJIA,
+0.55%

rising 0.55% to 35,813.80. This was the stock’s second consecutive day of gains. Truist Financial Corp. closed $2.51 short of its 52-week high ($65.42), which the company reached on November 3rd.

The stock underperformed when compared to some of its competitors Tuesday, as Wells Fargo & Co.
WFC,
+2.11%

rose 2.11% to $51.40, HDFC Bank Ltd. ADR
HDB,
+1.78%

rose 1.78% to $69.64, and U.S. Bancorp
USB,
+1.85%

rose 1.85% to $60.07. Trading volume (3.8 M) remained 906,443 below its 50-day average volume of 4.7 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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