M&T Bank Corp. stock falls Monday, underperforms market

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Shares of M&T Bank Corp. MTB, -0.75% shed 1.47% to $151.48 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.69% to 4,361.19 and Dow Jones Industrial Average DJIA, -0.13% falling 0.72% to 34,496.06. The stock’s fall snapped a two-day winning streak. M&T Bank Corp. closed $16.79 below its 52-week high ($168.27), which the company reached on May 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Bank of America Corp. BAC, -0.51% fell 1.26% to $43.78, Wells Fargo & Co. WFC, -0.46% fell 1.50% to $47.28, and PNC Financial Services Group Inc. PNC, -0.21% fell 0.84% to $201.05. Trading volume (722,332) remained 139,043 below its 50-day average volume of 861,375.

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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