Bank Of America Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Bank of America Corp. (BAC) shed 1.26% to $28.11 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
This was the stock's second consecutive day of losses.
Bank of America Corp. closed $10.49 below its 52-week high ($38.60), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) fell 0.23% to $139.18 and Wells Fargo & Co. (WFC) fell 0.45% to $40.03.
Trading volume (49.4 M) remained 20.7 million below its 50-day average volume of 70.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 16:33 ET (20:33 GMT)
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