Why KeyCorp Stock Dropped 17.1% in May
After falling 10.1% in April, KeyCorp (NYSE: KEY) had another rough month as its stock price dropped 17.1% in May, according to S&P Global Market Intelligence. The Nasdaq Composite was up 5.9%. KeyCorp, the holding company for regional financial institution KeyBank, was still feeling the effects of the high-profile bank failures that occurred in March and April.