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Bank Of America Corp. Stock Outperforms Competitors On Strong Trading Day

Dow Jones05:31

DJ Bank Of America Corp. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rallied 1.06% to $47.50 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.

This was the stock's third consecutive day of gains.

Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $47.22, which the company achieved on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. $(JPM)$ rose 0.70% to $250.29 and Wells Fargo & Co. $(WFC)$ rose 1.24% to $76.90.

Trading volume (42.4 M) eclipsed its 50-day average volume of 36.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

November 25, 2024 16:31 ET (21:31 GMT)

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