Markets

Bank of America Corp. stock rises Tuesday, still underperforms market

Shares of Bank of America Corp.
BAC,
+0.53%
inched 0.53% higher to $28.24 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+1.15%
rising 1.15% to 4,378.41 and the Dow Jones Industrial Average
DJIA,
+0.63%
rising 0.63% to 33,926.74.

This was the stock’s second consecutive day of gains.

Bank of America Corp. closed $10.36 below its 52-week high ($38.60), which the company reached on November 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
+0.01%
rose 0.01% to $139.20 and Wells Fargo & Co.
WFC,
+0.79%
rose 0.79% to $40.91.

Trading volume (39.0 M) remained 9.3 million below its 50-day average volume of 48.4 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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