Bank of America Corp. stock falls Wednesday, underperforms market

© Terrence Horan

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Shares of Bank of America Corp. sank 0.80% to $39.75 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.34% to 4,358.13 and the Dow Jones Industrial Average rising 0.30% to 34,681.79. This was the stock’s third consecutive day of losses. Bank of America Corp. closed $3.74 below its 52-week high ($43.49), which the company achieved on June 3rd.

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The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. rose 0.12% to $153.59, Citigroup Inc. fell 0.41% to $67.93, and Wells Fargo & Co. fell 0.21% to $43.40. Trading volume (43.4 M) eclipsed its 50-day average volume of 41.3 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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