Shares of People’s United Financial Inc.
inched 0.88% higher to $18.29 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,247.44 and the Dow Jones Industrial Average
rising 0.04% to 34,479.60. The stock’s rise snapped a two-day losing streak. People’s United Financial Inc. closed $1.33 below its 52-week high ($19.62), which the company achieved on May 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Brookline Bancorp Inc.
rose 0.31% to $16.32, Trustco Bank Corp.
rose 0.03% to $36.15, and Berkshire Hills Bancorp Inc.
rose 1.20% to $27.87. Trading volume (2.7 M) remained 1.2 million below its 50-day average volume of 3.9 M.