What's Next For STT Stock?
Portfolio Pulse from
State Street's stock (NYSE: STT) posted better-than-expected Q4 2024 results, gaining about 30% since early 2024. However, it underperformed compared to Bank of New York Mellon, which rose over 60% in the same period.
January 23, 2025 | 10:15 am
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State Street's stock posted better-than-expected Q4 2024 results, gaining about 30% since early 2024. However, it underperformed compared to Bank of New York Mellon.
State Street's better-than-expected Q4 results are a positive indicator for the stock, suggesting potential for continued growth. However, the underperformance relative to a key competitor may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100