Bank Of America Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Bank of America Corp. (BAC) inched 0.26% higher to $27.39 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
The stock's rise snapped a three-day losing streak.
Bank of America Corp. closed $11.21 short of its 52-week high ($38.60), which the company reached on November 11th.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) fell 0.32% to $136.05 and Wells Fargo & Co. (WFC) rose 0.13% to $38.33.
Trading volume (34.7 M) remained 35.1 million below its 50-day average volume of 69.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2023.
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May 11, 2023 16:33 ET (20:33 GMT)
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