Shares of Wells Fargo & Co. WFC, +0.37% inched 0.37% higher to $46.29 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.30% falling 1.30% to 4,017.77 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 33,717.09. This was the stock’s fourth consecutive day of gains. Wells Fargo & Co. closed $14.01 below its 52-week high ($60.30), which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as U.S. Bancorp USB, -0.12% fell 0.12% to $48.80, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) USB.PRP, +0.61% rose 0.61% to $24.85, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) USB.PRQ, +0.88% rose 0.88% to $18.27. Trading volume (19.4 M) eclipsed its 50-day average volume of 18.4 M.