Wells Fargo on Pace for Largest Percent Decrease Since February 2018 -- Data Talk
January 14 2020 - 2:58PM
Dow Jones News
Wells Fargo & Company (WFC) is currently at $49.62, down
$2.49 or 4.77%
-- Would be lowest close since Oct. 17, 2019, when it closed at
$49.61
-- On pace for largest percent decrease since Feb. 5, 2018, when
it fell 9.22%
-- Earlier Tuesday, Wells Fargo reported fourth-quarter earnings
of $2.87 billion, versus $6.06 billion a year earlier. Per-share
earnings of 60 cents missed the $1.12 expected by analysts polled
by FactSet. Fourth-quarter revenue fell 5%, to $19.86 billion from
$20.98 billion a year ago. Analysts had expected $20.1 billion
-- Down 7.76% year-to-date
-- Down 24.73% from its all-time closing high of $65.93 on Jan.
26, 2018
-- Up 4.1% from 52 weeks ago (Jan. 15, 2019), when it closed at
$47.67
-- Down 8.88% from its 52 week closing high of $54.46 on Nov.
29, 2019
-- Up 14.4% from its 52 week closing low of $43.38 on Aug. 15,
2019
-- Traded as low as $49.61; lowest intraday level since Oct. 18,
2019, when it hit $49.32
-- Down 4.8% at today's intraday low; largest intraday percent
decrease since Dec. 4, 2018, when it fell as much as 5.03%
-- Second worst performer in the S&P 500 today
-- Second most active stock in the S&P 500 today
All data as of 2:17:18 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 14, 2020 14:43 ET (19:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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