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M&T Bank Stock Falls to Lowest Level Since 2021

M&T Bank Stock Falls to Lowest Level Since 2021

M Bank shares are down about 8%, set to close at their lowest level since 2021. The regional bank is Wednesday's worst performer in the S 500, according to Dow Jones Market Data. **What's spooking investors?** A new analyst report downgrading the stock from a bullish to neutral outlook, and a fourth-quarter investor update from the company. While the stock has outperformed the broader bank index substantially this year, a rockier road is ahead, said KBW analysts in a Tuesday note: + KBW's downgr