Bank of America Corp. stock rises Wednesday, still underperforms market

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Shares of Bank of America Corp. inched 0.75% higher to $40.14 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.85% to 4,480.70 and the Dow Jones Industrial Average rising 0.68% to 34,814.39. Bank of America Corp. closed $3.35 below its 52-week high ($43.49), which the company reached on June 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. rose 0.69% to $158.16, Citigroup Inc. rose 2.43% to $70.45, and Wells Fargo & Co. rose 1.28% to $46.64. Trading volume (52.3 M) eclipsed its 50-day average volume of 46.9 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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