Wesbanco, Inc. shares fall 1.69% intraday after appointing new Senior Executive Vice President and Chief Legal Counsel.

Wesbanco, Inc. declined 1.69% in intraday trading, with the company announcing the appointment of Richard Laws as Senior Executive Vice President and Chief Legal Counsel. This news event is generally considered positive for the company, as it brings in a seasoned legal professional with extensive experience. However, the stock's decline suggests that investors may be reacting to other factors not directly related to this appointment.