
Wells Fargo & Co. Stock Underperforms Wednesday When Compared To Competitors

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Wells Fargo & Co. (WFC) shares fell 3.22% to $88.95 on Wednesday, marking the second consecutive day of losses. The stock is now 9.01% below its 52-week high of $97.76. In comparison, competitors like U.S. Bancorp (USB) also saw a decline of 2.63%, while some preferred shares rose slightly. The trading volume for Wells Fargo was 15.4 million, surpassing its 50-day average of 15 million.
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