Bank of America Corp. stock falls Thursday, underperforms market

Posted by By News Room 1 Min Read

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.

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