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Wells Fargo & Co. stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of Wells Fargo & Co. WFC, +0.25% advanced 1.28% to $46.64 Wednesday, on what proved to be an all-around positive 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. This was the stock's third consecutive day of gains. Wells Fargo & Co. closed $4.77 short of its 52-week high ($51.41), which the company reached on August 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. JPM, +1.15% rose 0.69% to $158.16, Bank of America Corp. BAC, +1.08% rose 0.75% to $40.14, and Citigroup Inc. C, +0.42% rose 2.43% to $70.45. Trading volume (31.5 M) eclipsed its 50-day average volume of 26.5 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.