DJ Bank Of New York Mellon Corp. Stock Falls Wednesday, Underperforms Market

Dow Jones2022-01-27

DJ Bank Of New York Mellon Corp. Stock Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Bank of New York Mellon Corp. $(BK)$ shed 0.17% to $58.92 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 4,349.93 and Dow Jones Industrial Average falling 0.38% to 34,168.09. The stock's fall snapped a two-day winning streak. Bank of New York Mellon Corp. closed $5.61 short of its 52-week high ($64.53), which the company reached on January 13th.

The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. $(JPM)$ rose 0.95% to $147.92, $Citigroup Inc(C-N)$. $(C)$ rose 1.00% to $64.75, and Wells Fargo & Co. $(WFC)$ rose 1.03% to $54.14. Trading volume (5.5 M) eclipsed its 50-day average volume of 4.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2022.

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January 26, 2022 16:40 ET (21:40 GMT)

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