Saturday, April 1, 2023
HomeMarketBank of America Corp. stock outperforms market despite losses on the day

Bank of America Corp. stock outperforms market despite losses on the day

- Advertisement -

Shares of Bank of America Corp.
BAC,
-0.79%
slipped 0.79% to $35.28 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-1.38%
falling 1.38% to 4,090.41 and Dow Jones Industrial Average
DJIA,
-1.26%
falling 1.26% to 33,696.85. This was the stock’s third consecutive day of losses. Bank of America Corp. closed $12.01 below its 52-week high ($47.29), which the company reached on February 17th.

Despite its losses, the stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co.
JPM,
-1.38%
fell 1.38% to $141.82 and Wells Fargo & Co.
WFC,
-1.56%
fell 1.56% to $47.22. Trading volume (22.5 M) remained 17.3 million below its 50-day average volume of 39.7 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