Wells Fargo Up Over 4%, Best Performer in S&P 500 Today -- Data Talk

Wells Fargo & Company (WFC) is currently at $50.91, up $2.04 or 4.17%

-- Would be highest close since March 19, 2019, when it closed at $51.41

-- On pace for largest percent increase since Dec. 26, 2018, when it rose 4.56%

-- Earlier Friday, Wells Fargo & Co. named Bank of New York Mellon Corp. Chief Executive Charles Scharf as its new CEO, ending a six-month search for a leader capable of restoring the bank's battered reputation and improving its standing with regulators

-- UBS analyst Saul Martinez said the news removes a "major overhang" for Wells' stock

-- Currently up three of the past five days

-- Up 9.31% month-to-date; on pace for best month since Nov. 2016, when it rose 15.02%

-- Up 10.48% year-to-date

-- Down 22.79% from its all-time closing high of $65.93 on Jan. 26, 2018

-- Traded as high as $51.41; highest intraday level since March 20, 2019, when it hit $51.57

-- Up 5.2% at today's intraday high; largest intraday percent increase since June 29, 2018, when it rose as much as 6.51%

-- Best performer in the S&P 500 today

-- Second most active stock in the S&P 500 today

All data as of 11:44:12 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires