Shares of Bank of New York Mellon Corp. BK slid 1.82% to $51.73 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.23% to 4,456.24 and Dow Jones Industrial Average DJIA falling 1.29% to 34,358.50. Bank of New York Mellon Corp. closed $12.90 below its 52-week high ($64.63), which the company achieved on February 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. JPM fell 1.99% to $139.78, Citigroup Inc. C fell 2.00% to $56.35, and Wells Fargo & Co. WFC fell 4.25% to $51.12.true Trading volume (3.6 M) remained 2.7 million below its 50-day average volume of 6.3 M.