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January 15, 2024

Lloyds Banking Group stumbles, market outshines.

TLDR:

  • Lloyds Banking Group PLC shares fell 2.57% on Monday, underperforming the broader market decline of 0.39%.
  • The stock closed 10.51 pence short of its 52-week high.
  • Trading volume was below the 50-day average.

Lloyds Banking Group PLC shares fell 2.57% on Monday, underperforming the broader market decline of 0.39%. The stock closed at 43.83 British pence, 10.51 pence short of its 52-week high achieved on February 9. Trading volume of 100.9 million shares was below the 50-day average volume of 133.2 million shares. Lloyds Banking Group PLC is a British banking and financial services company, and this decline may indicate a negative sentiment toward the stock.