DJ Bank Of America Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Bank of America Corp. $(BAC.SI)$ shed 2.42% to $26.97 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. Bank of America Corp. closed $17.42 below its 52-week high ($44.39), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ fell 0.27% to $126.84 and Wells Fargo & Co. $(WFC)$ fell 1.59% to $36.61. Trading volume (104.5 M) eclipsed its 50-day average volume of 54.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:33 ET (20:33 GMT)
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