Shares of M&T Bank Corp. MTB, -0.75% slipped 0.75% to $141.23 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 5,203.58 and Dow Jones Industrial Average DJIA, -0.08% falling 0.08% to 39,282.33.
M&T Bank Corp. closed $7.00 below its 52-week high ($148.23), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, +0.47% rose 0.47% to $195.73, Bank of America Corp. BAC, +0.62% rose 0.62% to $37.09, and Wells Fargo & Co. WFC, -0.09% fell 0.09% to $56.68.
Trading volume (805,087) remained 493,484 below its 50-day average volume of 1.3 M.