Monday, February 6, 2023
HomeMarketBank of America Corp. stock underperforms Monday when compared to competitors

Bank of America Corp. stock underperforms Monday when compared to competitors

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Shares of Bank of America Corp.
BAC,
-4.46%
shed 4.46% to $34.47 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-1.79%
falling 1.79% to 3,998.84 and Dow Jones Industrial Average
DJIA,
-1.40%
falling 1.40% to 33,947.10. This was the stock’s third consecutive day of losses. Bank of America Corp. closed $15.64 below 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 Monday, as JPMorgan Chase & Co.
JPM,
-2.80%
fell 2.80% to $131.37 and Wells Fargo & Co.
WFC,
-4.96%
fell 4.96% to $43.66. Trading volume (70.6 M) eclipsed its 50-day average volume of 40.5 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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