Thursday, February 9, 2023
HomeMarketBank of America Corp. stock rises Tuesday, outperforms market

Bank of America Corp. stock rises Tuesday, outperforms market

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Shares of Bank of America Corp.
BAC,
+0.41%
inched 0.41% higher to $32.19 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.10%
rising 0.10% to 3,821.62 and the Dow Jones Industrial Average
DJIA,
+0.28%
rising 0.28% to 32,849.74. This was the stock’s second consecutive day of gains. Bank of America Corp. closed $17.92 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,
+0.48%
rose 0.48% to $130.69 and Wells Fargo & Co.
WFC,
-2.01%
fell 2.01% to $40.98. Trading volume (35.4 M) remained 7.6 million below its 50-day average volume of 43.0 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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