PNC Financial Services shares rise amid market downturn, trailing behind competitors By Investing.com

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<p>Despite a downturn in the and on Thursday, PNC Financial Services Group Inc (NYSE:).’s shares experienced a second day of gains. The shares edged up 0.23% to $120.38, still lagging $49.89 behind its 52-week high of $<span>170.27 per piece.</span></p>
<p>In comparison, the performance of PNC Financial Services was subdued against competitors such as JPMorgan Chase &amp; Co. (NYSE:), which had a share price of $142.9, Bank of America Corp (NYSE:)., with a share price of $26.06, and Wells Fargo &amp; Co., priced at $39.30.</p>
<p>A noteworthy observation from Thursday’s trading was that the trading volume for PNC surpassed its 50-day average, indicating an increase in investor activity despite the broader market downturn. This could potentially signal a growing interest in PNC among investors, even as it trails behind its competitors in terms of share price performance.</p>
<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&amp;C.</em></p>
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<br /><a href="https://www.investing.com/news/stock-market-news/pnc-financial-services-shares-rise-amid-market-downturn-trailing-behind-competitors-93CH-3191863">Source link </a></p><p>The post <a href="https://forextraderhub.com/pnc-financial-services-shares-rise-amid-market-downturn-trailing-behind-competitors-by-investing-com.html">PNC Financial Services shares rise amid market downturn, trailing behind competitors By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>