Is Wells Fargo Stock Underperforming the Nasdaq?

Wells Fargo & Company (WFC), headquartered in San Francisco, California, is a diversified financial services firm offering consumer banking, commercial lending, wealth management, and investment services. It operates branches and digital platforms worldwide, serving diverse customers from individuals to large corporations. The company has a market capitalization of $267.29 billion, which classifies it as a “mega-cap” stock. Wells Fargo’s shares had reached a 52-week high of $97.76 on Jan. 5, but are down ...