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How Is State Street's Stock Performance Compared to Other Financial Stocks?


//stocks-investing.news-articles.net/content/202 .. formance-compared-to-other-financial-stocks.html
Published in Stocks and Investing on by Barchart   Print publication without navigation

Valued at a market cap of $26.1 billion, Boston, Massachusetts-based State Street Corporation (STT) is a leading financial holding company serving institutional investors worldwide. State Street's clients include mutual funds,

The article from MSN Money discusses the performance of State Street Corporation's stock in comparison to other financial stocks. State Street, a major financial services and bank holding company, has experienced a year-to-date increase of about 12.1%, which is slightly below the 12.5% average return of the Finance sector. Over the last six months, State Street's stock has risen by 13.7%, but this growth lags behind the sector's average. The article also mentions that State Street's stock has a beta of 1.53, indicating it's more volatile than the market. Despite this, its performance has been somewhat underwhelming compared to its peers, with the article suggesting that while State Street has shown growth, it has not kept pace with the broader financial sector's gains.

Read the Full Barchart Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-is-state-street-s-stock-performance-compared-to-other-financial-stocks/ar-AA1Bx3R5 ]

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