Wells Fargo & Co. Stock Rises Friday, Outperforms Market

Dow Jones2021-10-02

Shares of Wells Fargo & Co. $(WFC)$ advanced 1.31% to $47.02 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.15% to 4,357.04 and the Dow Jones Industrial Average rising 1.43% to 34,326.46. Wells Fargo & Co. closed $4.39 short of its 52-week high ($51.41), which the company reached on August 13th.

The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 2.10% to $167.13, $Bank of America Corp(BAC-N)$. $(BAC)$ rose 1.48% to $43.08, and $Citigroup Inc(C-N)$. $(C)$ rose 1.42% to $71.18. Trading volume (18.0 M) remained 8.8 million below its 50-day average volume of 26.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 1, 2021.

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