Saturday, July 4

Stock Alert: U.S. Bancorp Up Nearly 5% – Nasdaq

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(RTTNews) – U.S. Bancorp (USB) shares are up more than 7 percent on Wednesday morning trade as major averages are on a positive trend. There has been no company-specific news reported that influenced the stock to go higher.

Currently, the shares are at $37.58, up 4.72 percent from its previous close of $35.83. The shares have been trading much below its 200-day moving average for the last several weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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