U.S. Markets open in 6 hrs 4 mins

Why Wells Fargo Stock Is Losing Its Premium in 2018

Robert Karr
Why Wells Fargo Stock Is Losing Its Premium in 2018

Wells Fargo (WFC) stock has risen 0.9% over the past six months and 2.9% over the past year. In comparison, its peers (XLF) have averaged 5.2% and 14.2%, respectively, during the same periods. The bank has underperformed in 2017, the strongest economic growth phase since the 2007 recession.