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HomeMarketBank of America Corp. stock falls Wednesday, underperforms market

Bank of America Corp. stock falls Wednesday, underperforms market

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Shares of Bank of America Corp.
BAC,
-0.17%
slid 0.17% to $35.56 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.28%
rising 0.28% to 4,147.60 and the Dow Jones Industrial Average
DJIA,
+0.11%
rising 0.11% to 34,128.05. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $12.68 below its 52-week high ($48.24), which the company achieved on February 16th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.
JPM,
+0.42%
rose 0.42% to $143.80 and Wells Fargo & Co.
WFC,
-1.09%
fell 1.09% to $47.97. Trading volume (23.4 M) remained 16.7 million below its 50-day average volume of 40.1 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

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