Regions Financial Corp. stock falls Tuesday, underperforms market
Shares of Regions Financial Corp.
dropped 0.26% to $19.11 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,354.19 and Dow Jones Industrial Average
falling 0.15% to 33,919.84. This was the stock’s third consecutive day of losses. Regions Financial Corp. closed $4.70 short of its 52-week high ($23.81), which the company reached on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Bank of America Corp.
rose 0.05% to $39.13, Wells Fargo & Co.
rose 0.09% to $45.85, and PNC Financial Services Group Inc.
fell 0.38% to $183.97. Trading volume (7.4 M) eclipsed its 50-day average volume of 7.3 M.