Shares of Wells Fargo & Co.
inched 0.57% higher to $45.74 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the S&P 500 Index
falling 0.67% to 4,164.66. This was the stock's second consecutive day of gains. Wells Fargo & Co. closed $0.65 below its 52-week high ($46.39), which the company reached on April 29th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
rose 1.38% to $155.48, Bank of America Corp.
rose 1.08% to $41.00, and Citigroup Inc.
rose 0.86% to $72.33. Trading volume (26.1 M) remained 5.7 million below its 50-day average volume of 31.8 M.