Financial Market

PNC Financial Services Group Inc. stock falls Wednesday, underperforms market

Published: Jan. 3, 2024 at 4:48 p.m. ET

Shares of PNC Financial Services Group Inc. PNC slid 3.09% to $151.66 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.80% to 4,704.81 and Dow Jones Industrial Average DJIA falling 0.76% to 37,430.19.

PNC Financial Services Group Inc. closed $17.41 short of its 52-week high ($169.07), which the company achieved on January 12th.

The…

Shares of PNC Financial Services Group Inc.

PNC

slid 3.09% to $151.66 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index

SPX

falling 0.80% to 4,704.81 and Dow Jones Industrial Average

DJIA

falling 0.76% to 37,430.19.

PNC Financial Services Group Inc. closed $17.41 short of its 52-week high ($169.07), which the company achieved on January 12th.

The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.

JPM

fell 0.44% to $171.33, Bank of America Corp.

BAC

fell 1.09% to $33.53, and Wells Fargo & Co.

WFC

fell 1.32% to $48.68.

Trading volume (2.1 M) remained 103,510 below its 50-day average volume of 2.2 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.

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