Fifth Third Bancorp stock outperforms market on strong trading day

Fifth Third Bancorp stock outperforms market on strong trading day

Shares of Fifth Third Bancorp FITB, +0.91% inched 0.91% higher to $26.53 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, -0.00% remaining mostly unchanged at 4,108.94 and the Dow Jones Industrial Average DJIA, +0.29% rising 0.29% to 33,684.79. This was the stock’s fourth consecutive day of gains. Fifth Third Bancorp closed $15.34 short of its 52-week high ($41.87), which the company achieved on April 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, +0.49% rose 0.49% to $128.52, Bank of America Corp. BAC, +2.76% rose 2.76% to $28.71, and Wells Fargo & Co. WFC, +1.92% rose 1.92% to $39.37. Trading volume (5.0 M) remained 4.9 million below its 50-day average volume of 9.9 M.

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