Bank Of America Corp. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Bank of America Corp. (BAC) rose 3.35% to $28.71 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
The stock's rise snapped a three-day losing streak.
Bank of America Corp. closed $9.89 below its 52-week high ($38.60), which the company achieved on November 11th.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 2.10% to $140.47 and Wells Fargo & Co. (WFC) rose 2.95% to $41.24.
Trading volume (66.5 M) eclipsed its 50-day average volume of 55.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 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
June 02, 2023 17:27 ET (21:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.