Bank of America Corp. stock underperforms Wednesday when compared to competitors despite daily gains
Shares of Bank of America Corp.
BAC,
inched 0.64% higher to $32.98 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.08% to 4,868.55 and the Dow Jones Industrial Average
DJIA,
falling 0.26% to 37,806.39.
This was the stock’s fourth consecutive day of gains.
Bank of America Corp. closed $4.02 short of its 52-week high ($37.00), which the company achieved on February 7th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.
JPM,
rose 0.89% to $170.50 and Wells Fargo & Co.
WFC,
rose 0.75% to $49.49.
Trading volume (36.2 M) remained 6.8 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.
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