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

By adminAugust 8, 2023 5:41 pm EDT0 ViewsNo Comments

Shares of Bank of America Corp.
BAC,
-1.91%
shed 1.91% to $31.27 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.42%
falling 0.42% to 4,499.38 and Dow Jones Industrial Average
DJIA,
-0.45%
falling 0.45% to 35,314.49.

Bank of America Corp. closed $7.33 below its 52-week high ($38.60), which the company achieved on November 11th.

The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
-0.56%
fell 0.56% to $155.88 and Wells Fargo & Co.
WFC,
-1.29%
fell 1.29% to $44.48.

Trading volume (43.7 M) remained 2.4 million below its 50-day average volume of 46.1 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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