Bank Of America Corp. Stock Underperforms Tuesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Bank of America Corp. (BAC) slipped 0.18% to $28.26 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
The stock's fall snapped a two-day winning streak.
Bank of America Corp. closed $10.34 short of its 52-week high ($38.60), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) rose 0.38% to $137.46 and Wells Fargo & Co. (WFC) fell 0.61% to $40.98.
Trading volume (41.7 M) remained 16.4 million below its 50-day average volume of 58.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 30, 2023 16:33 ET (20:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.