Shares of Zions Bancorp N.A. ZION shed 3.89% to $54.57 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.45% to 3,829.34 and Dow Jones Industrial Average DJIA falling 1.75% to 31,402.01. The stock's fall snapped a four-day winning streak. Zions Bancorp N.A. closed $2.76 short of its 52-week high ($57.33), which the company achieved on February 24th.
The stock underperformed when compared to some of its competitors Thursday, as U.S. Bancorp USB fell 2.23% to $51.63, Western Alliance Bancorp. WAL fell 3.51% to $94.18, and Glacier Bancorp Inc. GBCI fell 0.63% to $55.25. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.