Wells Fargo & Co WFC shares are trading lower by $0.70 at $48.00 in Tuesday's session. It's the only one of the top 10 components of the S&P 500 index that is not firmly in the green. It's trading lower for the fifth day in a row, falling from $50.67 to its current level over this time period.
After a lower open, it couldn't retake Monday's close ($48.70), only reaching $48.65 before continuing lower. So far, it has reached $47.84 and is struggling to remain in the $48 handle.
The current low coincides with its March 10 low of $47.96.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.