Why KeyCorp Stock Dropped 10% in April
The stock price is down about 45% year to date (YTD), trading at around $9.60 as of May 2. The major market indexes were up slightly in April as the S&P 500 gained 1.5%, the Dow Jones Industrial Average was up 2.5%, and the Nasdaq Composite was up 0.1%. KeyCorp is the holding company for KeyBank, which is the 20th largest bank in the U.S. with roughly $198 billion in assets.