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Lloyds Banking Group tumbles, lags behind in Wednesday’s market performance

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TLDR: Lloyds Banking Group’s shares fell 1.27% on Wednesday, underperforming the broader stock market. The FTSE 100 Index also fell 0.42%. Lloyds closed below its 52-week high and trading volume remained below its 50-day average. This story was auto-generated by Automated Insights using data from Dow Jones and FactSet.

Lloyds’ shares slipped 1.27% to 47.00 British pence on Wednesday. The broader stock market, as represented by the FTSE 100 Index, fell 0.42% to 7,651.76.

Lloyds closed 7.34 pence below its 52-week high of 54.33 pence, which the company reached on February 9.

The trading volume of Lloyds’ shares on Wednesday was 50.9 million, 83.9 million below its 50-day average volume of 134.7 million.

This article was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.

Key takeaway:

  • Lloyds’ shares fell 1.27% on Wednesday, underperforming the stock market.
  • Lloyds closed below its 52-week high and trading volume remained low.
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