Here's Why Wells Fargo Is Rising on Tuesday
The stock market was having a mixed day on Tuesday: As of mid-afternoon, the Dow Jones Industrial Average was fractionally higher, the S&P 500 was fractionally lower, and the tech-heavy Nasdaq was off by almost 2%. The overall mood of the market, though, was clearly negative, with more stocks declining than gaining.
Wells Fargo (NYSE: WFC), however, was a notable outperformer, with shares higher by about 4% as of 1:55 p.m. ET, after having been up by as much as 5% earlier in the session.
Image Source: Wells Fargo.
Source Fool.com
