PNC stock slides as $3 billion debt filings pile up and bank rolls out new online brokerage feature
PNC Financial Services Group fell 1.6% to $222 Thursday, underperforming peers after hitting a 52-week high Wednesday. The bank disclosed $3 billion in new debt offerings and plans to redeem $1.25 billion in notes. Trading volume jumped above average. PNC also launched digital brokerage account openings for customers.