Bank of America Corp. stock rises Thursday, outperforms market

Bank of America Corp. stock rises Thursday, outperforms market

Shares of Bank of America Corp. BAC, +1.44% rallied 1.45% to $25.24 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.80% rising 0.80% to 3,446.83 and the Dow Jones Industrial Average DJIA, +0.43% rising 0.43% to 28,425.51. This was the stock’s second consecutive day of gains. Bank of America Corp. closed $10.48 below its 52-week high ($35.72), which the company achieved on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM, +2.05% rose 2.06% to $101.78, Wells Fargo & Co. WFC, +1.97% rose 1.98% to $25.30, and Citigroup Inc. C, -0.26% fell 0.27% to $44.72. Trading volume (51.7 M) remained 4.6 million below its 50-day average volume of 56.3 M.

Share:
error: Content is protected !!