Shares of M&T Bank Corp. MTB advanced 1.20% to $151.02 Thursday, on what proved to be an all-around positive 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. M&T Bank Corp. closed $17.25 below its 52-week high ($168.27), which the company reached on May 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp. BAC rose 4.47% to $45.07, Wells Fargo & Co. WFC fell 1.61% to $45.31, and PNC Financial Services Group Inc. PNC rose 0.99% to $202.50. Trading volume (961,877) eclipsed its 50-day average volume of 856,704.