Shares of Wells Fargo & Co. WFC, +1.12% advanced 1.12% to $43.43 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.07% rising 0.07% to 4,453.53 and the Dow Jones Industrial Average DJIA, +0.02% rising 0.02% to 34,624.30.
Wells Fargo & Co. closed $5.41 short of its 52-week high ($48.84), which the company reached on February 14th.
The stock outperformed some of its competitors Monday, as U.S. Bancorp USB, -1.14% fell 1.14% to $34.75, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) USB.PRP, +1.06% rose 1.06% to $22.78, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) USB.PRQ, +0.31% rose 0.31% to $16.08.
Trading volume (14.8 M) remained 742,008 below its 50-day average volume of 15.5 M.