Shares of Fifth Third Bancorp FITB inched 0.66% higher to $38.23 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.44% to 4,077.91 and the Dow Jones Industrial Average DJIA rising 1.13% to 33,527.19. This was the stock's second consecutive day of gains. Fifth Third Bancorp closed $2.23 below its 52-week high ($40.46), which the company achieved on March 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Bank of America Corp. BAC rose 0.79% to $39.80, Wells Fargo & Co. WFC fell 0.38% to $39.48, and PNC Financial Services Group Inc. PNC rose 0.76% to $178.76. Trading volume (6.0 M) remained 669,592 below its 50-day average volume of 6.7 M.