Shares of Citigroup Inc. (NYSE:C) rallied for a second consecutive day, gaining 1.66% to close at $42.37 on Wednesday, in what was a mixed trading session for the stock market. The S&P 500 Index (INDEXSP:SPX) rose slightly by 0.12% to 4,467.44, while the Dow Jones Industrial Average (INDEXDJX:DJIA) fell by 0.20% to 34,575.53.
Despite this rise, Citigroup's closing price remains $10.86 below its 52-week high of $53.23, which the company reached on February 2nd.
In comparison to some of its competitors, Citigroup outperformed on Wednesday; JPMorgan Chase & Co. (NYSE:NYSE:JPM) saw a slight increase of 0.05% to $146.41, while Bank of America Corp. (NYSE:NYSE:BAC) fell by 0.31% to $28.88 and Wells Fargo & Co. (NYSE:WFC) declined by 0.68% to $42.25.
Trading volume for Citigroup stood at 30.7 million shares, significantly higher than its 50-day average volume of 16.5 million shares.
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