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CFG shares fall, ending two-day streak as markets show mixed results

Published Nov 17, 2023 14:36
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NEW YORK - Shares of Citizens Financial Group (NYSE:CFG) declined 0.88% to $27.08 on Thursday, bringing an end to a two-day winning streak against a backdrop of mixed market movements. The S&P 500 edged up slightly by 0.12%, while the Dow Jones Industrial Average saw a modest drop of 0.13%.

The financial sector witnessed a subdued trading day with Citizens Financial Group's shares falling by 0.88%, closing at a price that was $17.74 below its February 3rd peak for the year. This performance was in line with broader sector movements, as notable banking institutions such as Wells Fargo (NYSE:WFC), Citigroup, and UBS Group also experienced declines of 0.72%, 0.47%, and 0.08% respectively.

Trading volume for Citizens Financial Group stood at 4.8 million shares, which did not reach its fifty-day average trading volume of 5.7 million, signaling a quieter day on the market for CFG stock. The company's shares ended the day in contrast to the slight gains seen in the broader S&P index but mirrored the downward trend observed in the Dow Jones Industrial Average.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

CFG shares fall, ending two-day streak as markets show mixed results
 

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