Discover: Financial Winners & Losers

Financial stocks took a beating on Monday trading.
By Laurie Kulikowski ,

NEW YORK (

TheStreet

) -- Financial stocks dipped on Monday.

The

Financial Select Sector SPDR

(XLF) - Get Report

fell 0.4% at midday to $15.12.

Few financial stocks stayed in the black during a moderate sell off.

Despite the light trading day,

Discover Financial

(DFS) - Get Report

shares came close to its 52-week-high share price of $19.16. The stock, rising as high as $19.10, was more recently up 0.7% to $18.98 on volume of about 1.2 million shares.

Discover's rivals, MasterCard and Visa, also saw their shares rising on Monday. MasterCard's stock was up 1% to $251.50, while Visa shares were rising 0.2% to $77.50.

Shares of online broker

TD Ameritrade

(AMTD) - Get Report

were rising 0.3% to $18.14.

The sector's most prominent firms including

American Express

(AXP) - Get Report

,

Goldman Sachs

(GS) - Get Report

,

Bank of America

(BAC) - Get Report

and

JPMorgan Chase

(JPM) - Get Report

all saw their shares fall on Monday.

Regional bank shares were also primarily in the red on Monday.

Fifth Third Bancorp's

(FITB) - Get Report

stock was down 1.4% to $13.09, while

M&T Bank

(MTB) - Get Report

shares were also down 1.5% to $79.52.

Marshall & Ilsley

( MI) shares fell 0.5% to $5.57.

Evercore Partners analyst Andrew Marquardt writes in a research note Monday that despite the Milwaukee-based bank's "

significant underperformance

" of late, he doesn't think M&I will follow in the footsteps of

Wilmington Trust

( WL), which agreed to sell itself to

M&T Bank

(MTB) - Get Report

last month.

-- Written by Laurie Kulikowski in New York.

To contact the writer of this article, click here:

Laurie Kulikowski

.

To submit a news tip, send an email to:

tips@thestreet.com

.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Loading ...