Wells Fargo & Company (WFC) is currently at $40.54, down $1.72 or 4.06%

 

-- Would be lowest close since Oct. 9, 2013, when it closed at $40.36

-- On pace for largest percent decrease since Jan. 14, 2020, when it fell 5.39%

-- Wells Fargo & Co. plans to launch two new accounts intended to further expand access to mainstream banking services by early 2021, including a checkless account that will limit spending to the amount available in the account and won't have overdrafts or insufficient funds fees

-- On Monday, Morgan Stanley cut its price target on Wells Fargo to $49.00/share from $51.00, Benzinga reported

-- Down 24.64% year-to-date

-- Down 38.5% from its all-time closing high of $65.93 on Jan. 26, 2018

-- Down 18.73% from 52 weeks ago (March 5, 2019), when it closed at $49.89

-- Down 25.55% from its 52 week closing high of $54.46 on Nov. 29, 2019

-- Would be a new 52 week closing low

-- Traded as low as $40.03

-- Down 5.28% at today's intraday low

 

All data as of 2:53:58 PM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2020 15:16 ET (20:16 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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