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Shares of Bank of America Corp. (BAC) slid 1.23% to $27.32 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
This was the stock's third consecutive day of losses.
Bank of America Corp. closed $11.28 short of its 52-week high ($38.60), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 0.05% to $136.48 and Wells Fargo & Co. (WFC) fell 0.67% to $38.28.
Trading volume (43.5 M) remained 26.0 million below its 50-day average volume of 69.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 16:33 ET (20:33 GMT)
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