Shares of Wells Fargo & Co. WFC, 0.55% shed 1.27% to $45.79 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, 0.16% rising 0.23% to 4,290.61 and the Dow Jones Industrial Average DJIA, 0.50% falling 0.44% to 34,283.27. The stock’s fall snapped a five-day winning streak. Wells Fargo & Co. closed $2.34 short of its 52-week high ($48.13), which the company achieved on May 18th.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM, 1.17% rose 0.18% to $154.33, Bank of America Corp. BAC, 0.65% fell 0.14% to $41.56, and Citigroup Inc. C, -0.42% fell 0.06% to $71.51. Trading volume (26.9 M) eclipsed its 50-day average volume of 26.7 M.