M&T Bank Corp. stock rises Thursday, outperforms market
Shares of M&T Bank Corp. MTB, +1.38% rallied 1.38% to $128.17 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.38% rising 0.38% to 4,567.80 and the Dow Jones Industrial Average DJIA, +1.47% rising 1.47% to 35,950.89.
This was the stock's third consecutive day of gains.
M&T Bank Corp. closed $43.10 short of its 52-week high ($171.27), which the company reached on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM, +1.14% rose 1.14% to $156.08, Bank of America Corp. BAC, +1.40% rose 1.40% to $30.49, and Wells Fargo & Co. WFC, +1.85% rose 1.85% to $44.59.
Trading volume (1.2 M) eclipsed its 50-day average volume of 936,214.
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.
