The PNC Financial Services Group, Inc (PNC) Moves 4.0% Higher: Will This Strength Last?
PNC(PNC) Zacks Investment Research·2024-03-05 21:06
The PNC Financial Services Group, Inc (PNC) shares ended the last trading session 4% higher at $153.74. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.2% loss over the past four weeks.After getting hammered because of industry-wide concern related to commercial real estate (CRE) loans, shares of PNC Financial reversed the trend. With the company having manageable exposure to office CRE loans, investors seem to b ...