Shares of Wells Fargo & Co. WFC, +0.57% inched 0.57% higher to $49.69 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.72% falling 0.72% to 4,667.45 and Dow Jones Industrial Average DJIA, -0.00% falling 0.00% to 35,754.69. Wells Fargo & Co. closed $2.88 short of its 52-week high ($52.57), which the company achieved on November 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM, -0.16% fell 0.16% to $160.46, Bank of America Corp. BAC, +0.75% rose 0.75% to $44.49, and Citigroup Inc. C, -0.51% fell 0.51% to $62.14. Trading volume (16.9 M) remained 7.2 million below its 50-day average volume of 24.2 M.