Shares of Regions Financial Corp. (NYS:RF) rose 2.32% to $22.05 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 2.99% to 4,300.17 and the Dow Jones Industrial Average (DOW:DJIA) rising 2.81% to 34,061.06. This was the stock's third consecutive day of gains. Regions Financial Corp. closed $3.52 below its 52-week high ($25.57), which the company achieved on February 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Bank of America Corp. (NYS:BAC) rose 4.01% to $38.62, Wells Fargo & Co. (NYS:WFC) rose 4.12% to $45.98, and PNC Financial Services Group Inc. (NYS:PNC) rose 2.39% to $173.72. Trading volume (7.9 M) remained 2.2 million below its 50-day average volume of 10.1 M.