DJ Bank Of America Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of $Bank of America Corp(BAC-N)$. $(BAC.SI)$ inched 0.87% higher to $46.46 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
The stock's rise snapped a three-day losing streak.
Bank of America Corp. closed $0.56 below its 52-week high ($47.02), which the company reached on November 18th.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. $(JPM)$ rose 1.65% to $244.76 and Wells Fargo & Co. $(WFC)$ rose 1.70% to $74.83.
Trading volume (44.8 M) eclipsed its 50-day average volume of 35.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 16:31 ET (21:31 GMT)
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