Wells Fargo Down Over 7%, On Pace for Lowest Close Since May 2009 -- Data Talk
May 13 2020 - 4:01PM
Dow Jones News
Wells Fargo & Company (WFC) is currently at $22.26, down
$1.78 or 7.38%
-- Would be lowest close since May 1, 2009, when it closed at
$19.61
-- On pace for largest percent decrease since April 1, 2020,
when it fell 7.42%
-- Earlier Wednesday, Compass Point cut its price target on
Wells Fargo to $25.00/share from $33.00/share, Benzinga
reported
-- The company announced that Nate Hurst will join the company
on June 1 to oversee a newly combined organization that includes
corporate responsibility, philanthropy, community relations, and
sustainability. He will also serve as president of the Wells Fargo
Foundation
-- Currently down nine of the past 10 days
-- Currently down three consecutive days; down 12.45% over this
period
-- Worst three day stretch since the three days ending April 16,
2020, when it fell 14.44%
-- Down 23.36% month-to-date
-- Down 58.62% year-to-date
-- Down 66.23% from its all-time closing high of $65.93 on Jan.
26, 2018
-- Down 51.43% from 52 weeks ago (May 15, 2019), when it closed
at $45.84
-- Down 59.12% from its 52 week closing high of $54.46 on Nov.
29, 2019
-- Would be a new 52 week closing low
-- Traded as low as $22.00; lowest intraday level since June 18,
2009, when it hit $21.57
-- Down 8.49% at today's intraday low; largest intraday percent
decrease since April 1, 2020, when it fell as much as 8.71%
-- Fourth most active stock in the S&P 500 today
All data as of 3:20:17 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 13, 2020 15:46 ET (19:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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