Bank of America Corp. stock falls Thursday, underperforms market

News Room

Shares of Bank of America Corp.
BAC,
-1.29%
shed 1.29% to $27.53 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.81%
falling 0.81% to 4,347.35 and Dow Jones Industrial Average
DJIA,
-0.65%
falling 0.65% to 33,891.94.

This was the stock’s fourth consecutive day of losses.

Bank of America Corp. closed $11.07 short of its 52-week high ($38.60), which the company achieved on November 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co.
JPM,
-0.30%
fell 0.30% to $144.29 and Wells Fargo & Co.
WFC,
-1.42%
fell 1.42% to $40.40.

Trading volume (31.5 M) remained 15.6 million below its 50-day average volume of 47.1 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

Share this Article
Leave a comment