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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.
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June 02, 2023 17:27 ET (21:27 GMT)
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