Shares of Citigroup Inc. C slid 2.30% to $60.71 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 4,712.02 and the Dow Jones Industrial Average DJIA rising 0.60% to 35,970.99. This was the stock’s third consecutive day of losses. Citigroup Inc. closed $19.58 short of its 52-week high ($80.29), which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. JPM fell 0.40% to $159.82, Bank of America Corp. BAC rose 0.07% to $44.52, and Wells Fargo & Co. WFC rose 1.03% to $50.20. Trading volume (39.3 M) eclipsed its 50-day average volume of 20.1 M.