Citigroup Inc. stock rises Monday, outperforms market

Citigroup Inc. stock rises Monday, outperforms market

Shares of Citigroup Inc. C, +0.63% inched 0.63% higher to $71.52 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.09% falling 0.09% to 4,432.35 and Dow Jones Industrial Average DJIA, -0.30% falling 0.30% to 35,101.85. This was the stock’s third consecutive day of gains. Citigroup Inc. closed $8.77 below its 52-week high ($80.29), which the company reached on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM, -0.11% fell 0.11% to $157.33, Bank of America Corp. BAC, +1.30% rose 1.30% to $40.67, and Wells Fargo & Co. WFC, -0.25% fell 0.25% to $48.65. Trading volume (15.5 M) remained 5.5 million below its 50-day average volume of 21.0 M.

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