Wells Fargo & Co. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Wells Fargo (WFC) shares fell 1.86% to $85.56, marking its second consecutive day of losses amid a broader market decline. Despite the drop, WFC outperformed competitors like U.S. Bancorp, which saw steeper declines. The stock remains 12.48% below its 52-week high of $97.76. Trading volume was lower than the 50-day average.
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Shares of Wells Fargo & Co. (WFC) shed 1.86% to $85.56 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
This was the stock's second consecutive day of losses.
Wells Fargo & Co. closed 12.48% short of its 52-week high of $97.76, which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as U.S. Bancorp (USB) fell 3.01% to $61.00, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) (USB.PRP) fell 0.56% to $21.26, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) (USB.PRQ) fell 0.55% to $14.54.
Trading volume (10.0 M) remained 6.2 million below its 50-day average volume of 16.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
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07-08-26 1633ET