New's trading volume plummets 72.78% to 2.21 billion, ranks 416th in daily market rankings

On March 24, 2025, New's trading volume reached 2.21 billion, a significant decrease of 72.78% compared to the previous day, placing it at the 416th position in the daily market rankings. BK, the stock symbol for the Bank of New York Mellon, experienced a 1.38% increase.

Institutional investors and hedge funds currently hold 85.31% of the Bank of New York Mellon's stock. The company opened at $83.46 on Friday. Mizuho Securities USA LLC increased its holdings in The Bank of New York Mellon by 44.0% in the fourth quarter.

Citi analyst Keith Horowitz raised the firm's price target on BNY Mellon to $85 from $82, maintaining a Neutral rating on the shares. The Zacks Major Regional Banks industry continues to face poor asset quality, with Trump's tariff plans expected to result in higher inflation in the near term.

BNY Mellon has a High Technical Rating by Nasdaq Dorsey Wright. The company will report its financial results for the first quarter of 2025 on April 11, 2025. There have been discussions and postings related to potential layoffs at Bank of New York Mellon Corp.