Saturday, February 4, 2023
HomeMarketBank of America Corp. stock falls Tuesday, underperforms market

Bank of America Corp. stock falls Tuesday, underperforms market

- Advertisement -

Shares of Bank of America Corp.
BAC,
-0.16%
dropped 0.16% to $37.70 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.87%
rising 0.87% to 3,991.73 and the Dow Jones Industrial Average
DJIA,
+0.17%
rising 0.17% to 33,592.92. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $12.41 short of its 52-week high ($50.11), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
-0.72%
fell 0.72% to $132.94, Citigroup Inc.
C,
+0.02%
rose 0.02% to $49.03, and Wells Fargo & Co.
WFC,
-0.34%
fell 0.34% to $46.71. Trading volume (46.0 M) eclipsed its 50-day average volume of 42.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Credit: marketwatch.com

RELATED ARTICLES
- Advertisment -

Most Popular