Wells Fargo on Pace for Lowest Close Since October 2013 -- Data Talk
March 03 2020 - 3:31PM
Dow Jones News
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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