Friday, March 24, 2023
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.
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
rising 0.28% to 4,147.60 and the Dow Jones Industrial Average
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.
rose 0.42% to $143.80 and Wells Fargo & Co.
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.


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