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Bank of America Corp. stock rises Thursday, outperforms market

Shares of Bank of America Corp. BAC, +0.94% inched 0.95% higher to $24.54 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling…

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Bank of America Corp. stock rises Thursday, outperforms market

From the Equity Insider archive. This article dates from Jul 23, 2020 and is preserved as first published.

Shares of Bank of America Corp. BAC, +0.94% inched 0.95% higher to $24.54 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.23% falling 1.23% to 3,235.66 and Dow Jones Industrial Average DJIA, -1.30% falling 1.31% to 26,652.33. Bank of America Corp. closed $11.18 short of its 52-week high ($35.72), which the company achieved on December 27th.

54 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.

The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. JPM, +0.29% rose 0.29% to $98.98, Wells Fargo & Co. WFC, +0.34% rose 0.34% to $26.35, and Citigroup Inc. C, +0.81% rose 0.81% to $52.08. Trading volume (60.6 M) remained 15.3 million below its 50-day average volume of 75.9 M.

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