Shares of Wells Fargo & Co.
slid 1.68% to $45.03 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. Wells Fargo & Co. closed $3.10 below its 52-week high ($48.13), which the company reached on May 18th.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co.
fell 1.26% to $150.93, Bank of America Corp.
fell 1.30% to $37.96, and Citigroup Inc.
fell 1.41% to $66.93. Trading volume (22.1 M) remained 5.5 million below its 50-day average volume of 27.6 M.