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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, +1.59% rallied 1.74% to $55.58 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. Truist Financial Corp. closed $7.11 below its 52-week high ($62.69), which the company achieved on May 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Wells Fargo & Co. WFC, +0.25% rose 1.28% to $46.64, HDFC Bank Ltd. ADR HDB, -0.45% fell 0.58% to $73.66, and U.S. Bancorp USB, +0.84% rose 3.38% to $57.80. Trading volume (4.9 M) eclipsed its 50-day average volume of 4.2 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.