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Shares of First Republic Bank /zigman2/quotes/200683073/composite FRC -1.96% slid 2.15% to $195.53 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.11% falling 0.75% to 4,327.16 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.61% falling 0.86% to 34,687.85. The stock's fall snapped a two-day winning streak. First Republic Bank closed $6.54 below its 52-week high ($202.07), which the company achieved on July 14th.
Despite its losses, the stock outperformed some of its competitors Friday, as Bank of America Corp. /zigman2/quotes/200894270/composite BAC -0.73% fell 2.34% to $37.92, SVB Financial Group /zigman2/quotes/200548254/composite SIVB -0.91% fell 3.27% to $561.76, and East West Bancorp Inc. /zigman2/quotes/206183036/composite EWBC -1.35% fell 2.23% to $69.37.true Trading volume (947,655) eclipsed its 50-day average volume of 653,418.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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