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Shares of Bank of America Corp. (BAC) rallied 1.31% to $47.09 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.37% to 4,536.19 and the Dow Jones Industrial Average rising 0.43% to 35,609.34. This was the stock's second consecutive day of gains. Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $46.89, which the company reached on October 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 1.35% to $170.84, Citigroup Inc. (C) rose 0.08% to $71.82, and Wells Fargo & Co. (WFC) fell 0.36% to $50.16. Trading volume (40.0 M) remained 6.3 million below its 50-day average volume of 46.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2021.
(END) Dow Jones Newswires
October 20, 2021 16:33 ET (20:33 GMT)
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