Shares of Fifth Third Bancorp FITB inched 0.18% higher to $38.40 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA rising 0.05% to 33,446.26. This was the stock's fourth consecutive day of gains. Fifth Third Bancorp closed $2.06 below its 52-week high ($40.46), which the company reached on March 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. BAC rose 0.91% to $40.05, Wells Fargo & Co. WFC rose 0.35% to $39.99, and PNC Financial Services Group Inc. PNC rose 0.48% to $178.25. Trading volume (3.1 M) remained 3.5 million below its 50-day average volume of 6.6 M.