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

by author
November 10, 2022
in Markets
Reading Time: 1 min read
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Shares of Bank of America Corp.
BAC,
+4.41%
rose 4.41% to $38.13 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+5.54%
rising 5.54% to 3,956.37 and the Dow Jones Industrial Average
DJIA,
+3.70%
rising 3.70% to 33,715.37. Bank of America Corp. closed $11.98 short of its 52-week high ($50.11), which the company reached on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as JPMorgan Chase & Co.
JPM,
+4.12%
rose 4.12% to $135.08, Citigroup Inc.
C,
+6.75%
rose 6.75% to $48.42, and Wells Fargo & Co.
WFC,
+4.31%
rose 4.31% to $47.95. Trading volume (44.8 M) eclipsed its 50-day average volume of 42.9 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.

Tags: article_normalbankingBanking/CreditCommercial BankingContent TypesCorporate/Industrial NewsFinancial PerformanceFinancial ServicesIntegrated BanksShare Price Movement/Disruptions
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