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Why Comerica Stock Was Dropping Today

Dave Kovaleski, The Motley Fool
·2-min read
Why Comerica Stock Was Dropping Today

The market was mixed on Tuesday, with the S&P 500 up six points (0.2%), the Dow Jones Industrial Average down 137 points (-0.4%), and the Nasdaq Composite gaining 90 points (0.7%) as of 11:10 a.m. ET. The market has not been kind to Comerica this year, as the bank, like most regional banks, has been hurt by the banking crisis. The Direct Express program provides federal benefits on prepaid cards to millions of Americans who do not have bank accounts and are considered "unbanked."

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