Bank of Montreal stock outperforms market despite losses on the day

Bank of Montreal stock outperforms market despite losses on the day

Shares of Bank of Montreal BMO, -0.82% shed 0.82% to C$141.44 Monday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.82% falling 0.82% to 21,011.89.

This was the stock’s third consecutive day of losses. Bank of Montreal closed C$13.03 below its 52-week high (C$154.47), which the company reached on March 22nd. Trading volume of 3.5 M shares eclipsed its 50-day average volume of 2.1 M.

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