Shares of U.S. Bancorp
slid 4.65% to $55.72 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.04% to 4,221.86 and Dow Jones Industrial Average
falling 0.62% to 33,823.45. This was the stock’s second consecutive day of losses. U.S. Bancorp closed $6.75 short of its 52-week high ($62.47), which the company achieved on May 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of America Corp.
fell 4.37% to $39.80, Citigroup Inc.
fell 3.64% to $68.86, and Wells Fargo & Co.
fell 6.10% to $42.79. Trading volume (8.3 M) eclipsed its 50-day average volume of 6.2 M.