Shares of Wells Fargo & Co.
advanced 1.31% to $45.68 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,247.44 and the Dow Jones Industrial Average
rising 0.04% to 34,479.60. The stock's rise snapped a three-day losing streak. Wells Fargo & Co. closed $2.45 short of its 52-week high ($48.13), which the company achieved on May 18th.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co.
fell 0.07% to $160.29, Bank of America Corp.
rose 0.41% to $41.86, and Citigroup Inc.
fell 0.53% to $76.48. Trading volume (19.4 M) remained 7.0 million below its 50-day average volume of 26.4 M.