JPMorgan Chase – Comerica Inc. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of Comerica Inc.
inched 0.50% higher to $71.87 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. Comerica Inc. closed $1.86 short of its 52-week high ($73.73), which the company reached on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.
rose 1.57% to $154.93, Bank of America Corp.
rose 0.91% to $40.05, and Wells Fargo & Co.
rose 0.35% to $39.99. Trading volume (774,496) remained 674,320 below its 50-day average volume of 1.4 M.