Markets

Bank of America Corp. stock underperforms Thursday when compared to competitors

Shares of Bank of America Corp.
BAC,
-2.14%
slipped 2.14% to $27.96 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.37%
rising 0.37% to 4,381.89 and the Dow Jones Industrial Average
DJIA,
-0.01%
falling 0.01% to 33,946.71.

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

Bank of America Corp. closed $10.64 short of its 52-week high ($38.60), which the company reached on November 11th.

The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co.
JPM,
-1.93%
fell 1.93% to $139.58 and Wells Fargo & Co.
WFC,
-1.42%
fell 1.42% to $41.06.

Trading volume (50.6 M) eclipsed its 50-day average volume of 49.1 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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