State Street Corp. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.State Street Corp. (STT) shares fell 3.16% to $185.81 on Wednesday, underperforming competitors like Bank of America, Morgan Stanley, and Goldman Sachs despite a broader market rally. This marks the stock's second consecutive day of losses, with prices closing 4.80% below its 52-week high. Trading volume was notably lower than the 50-day average.
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Shares of State Street Corp. (STT) shed 3.16% to $185.81 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,707.98 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.
This was the stock's second consecutive day of losses.
State Street Corp. closed 4.80% below its 52-week high of $195.18, which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (BAC) fell 1.65% to $63.17, Morgan Stanley (MS) fell 1.53% to $214.23, and Goldman Sachs Group Inc. (GS) fell 1.81% to $1,021.65.
Trading volume (1.7 M) remained 623,900 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.
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08-19-26 1649ET