Wells Fargo Shares Advance Over 2%, Show Stability in Extended Trading
Wells Fargo & Co (NYSE: WFC) shares registered a solid performance on Friday, April 29th, closing the main trading session with notable gains and demonstrating stability in after hours activity.
The major US bank saw its stock price conclude the regular trading day at 71.10 USD. This reflected an increase of 1.67 USD, translating to a 2.41 percent rise compared to the previous session’s close of 69.43 USD. The stock exhibited strength throughout the day, opening at its intraday low of 68.95 USD and climbing steadily to reach a high of 71.34 USD before the close.
This positive momentum largely held firm after the closing bell. Market data timestamped at 7:51 pm GMT-4 showed Wells Fargo shares trading at 71.07 USD in after hours. This indicated only a minimal pullback of 0.030 USD, or 0.042 percent, from the official closing price, suggesting investors remained confident in the day’s gains.
Alongside the price action, key financial data for Wells Fargo included a market capitalization of 23.19KCr. The company’s Price to Earnings (P/E) ratio stood at 12.77, and it offered investors a dividend yield of 2.25 percent.
Friday’s strong performance pushes Wells Fargo stock further away from its 52 week low of 50.15 USD and closer towards its 52 week high of 81.50 USD.
