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Company Close Updates

Truist Financial Corp. stock outperforms market on strong trading day

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Terrence Horan

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Shares of Truist Financial Corp. TFC, +0.38% inched 0.28% higher to $57.99 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.27% rising 0.19% to 4,247.44 and the Dow Jones Industrial Average DJIA, -0.38% rising 0.04% to 34,479.60. The stock's rise snapped a five-day losing streak. Truist Financial Corp. closed $4.70 below its 52-week high ($62.69), which the company achieved on May 18th.

The stock underperformed when compared to some of its competitors Friday, as Wells Fargo & Co. WFC, +0.44% rose 1.31% to $45.68, HDFC Bank Ltd. ADR HDB, +0.27% rose 0.28% to $77.46, and U.S. Bancorp USB, +0.25% rose 0.90% to $59.14. Trading volume (4.2 M) remained 1.2 million below its 50-day average volume of 5.4 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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