Shares of Citigroup Inc. C inched 0.77% higher to $70.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped a three-day losing streak. Citigroup Inc. closed $9.49 short of its 52-week high ($80.29), which the company achieved on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM rose 1.53% to $163.47, Bank of America Corp. BAC rose 4.47% to $45.07, and Wells Fargo & Co. WFC fell 1.61% to $45.31. Trading volume (24.5 M) eclipsed its 50-day average volume of 17.3 M.