Bank of America Corp. stock rises Friday, outperforms market

Bank of America Corp. stock rises Friday, outperforms market

Shares of Bank of America Corp. BAC, +0.88% inched 0.88% higher to $28.53 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.29% falling 0.29% to 4,398.95 and Dow Jones Industrial Average DJIA, -0.55% falling 0.55% to 33,734.88.

The stock’s rise snapped a two-day losing streak.

Bank of America Corp. closed $10.07 below its 52-week high ($38.60), which the company achieved on November 11th.

The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. JPM, +0.79% rose 0.79% to $144.34 and Wells Fargo & Co. WFC, -0.28% fell 0.28% to $42.77.

Trading volume (34.2 M) remained 11.8 million below its 50-day average volume of 46.0 M.

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