Shares of Bank of America Corp.
BAC,
-1.10%
shed 1.10% to $28.87 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.47%
falling 0.47% to 4,388.71 and Dow Jones Industrial Average
DJIA,
-0.72%
falling 0.72% to 34,053.87.
This was the stock’s second consecutive day of losses.
Bank of America Corp. closed $9.73 below its 52-week high ($38.60), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
-0.51%
fell 0.51% to $142.53 and Wells Fargo & Co.
WFC,
-0.69%
fell 0.69% to $41.89.
Trading volume (39.0 M) remained 10.3 million below its 50-day average volume of 49.3 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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