Wells Fargo & Co. Stock Falls 3.9%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Wells Fargo & Co. shed 3.9% to $83.15 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,764.64 and the Dow Jones Industrial Average falling 0.4% to 51,863.69.

Wells Fargo & Co. closed 14.9% short of its 52-week high of $97.76, which the company reached on January 5th.

The stock underperformed when compared to some of its peers, as U.S. Bancorp fell 1.7% to $59.44, U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) rose 1.1% to $20.60, and U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) fell 0.42% to $14.08.

Trading volume totaled 15.6 million, compared to the 50-day average of 14.5 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 22, 2026 16:35 ET (20:35 GMT)