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


Published: Feb. 9, 2024 at 4:32 p.m. ET

Shares of Bank of America Corp. BAC shed 0.15% to $33.07 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.57% to 5,026.61 and the Dow Jones Industrial Average DJIA falling 0.14% to 38,671.69.

This was the stock’s second consecutive day of losses.

Bank of America Corp….

Shares of Bank of America Corp.

BAC

shed 0.15% to $33.07 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index

SPX

rising 0.57% to 5,026.61 and the Dow Jones Industrial Average

DJIA

falling 0.14% to 38,671.69.

This was the stock’s second consecutive day of losses.

Bank of America Corp. closed $2.92 short of its 52-week high ($35.99), which the company achieved on February 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co.

JPM

rose 0.12% to $175.01 and Wells Fargo & Co.

WFC

fell 0.60% to $48.06.

Trading volume (36.1 M) remained 7.4 million below its 50-day average volume of 43.5 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.



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