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HomeMarketBank of America Corp. stock outperforms market on strong trading day

Bank of America Corp. stock outperforms market on strong trading day

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Shares of Bank of America Corp.
BAC,
+0.83%
inched 0.83% higher to $36.43 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-1.04%
falling 1.04% to 4,136.48 and Dow Jones Industrial Average
DJIA,
-0.38%
falling 0.38% to 33,926.01. This was the stock’s fourth consecutive day of gains. Bank of America Corp. closed $13.68 short of its 52-week high ($50.11), which the company reached on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co.
JPM,
+1.55%
rose 1.55% to $141.09 and Wells Fargo & Co.
WFC,
+0.74%
rose 0.74% to $47.58. Trading volume (37.3 M) remained 2.4 million below its 50-day average volume of 39.6 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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