Bank of America Corp. Shares Dip 0.49%
Shares of Bank of America Corp. (BAC) saw a slight decline of 0.49% to $34.35 on Friday, amidst an overall positive trading day for the market. The S&P 500 Index rose by 0.80% to 5,137.08, while the Dow Jones Industrial Average increased by 0.23% to 39,087.38.
Three-Day Winning Streak Ends
Unfortunately, this dip marked the end of a three-day winning streak for Bank of America Corp.
Close to 52-Week High
Closing at $0.75 below its 52-week high of $35.10, which was reached on January 31st, the stock remains in a solid position.
Mixed Performance Compared to Competitors
Compared to competitors, Bank of America's performance on Friday was mixed. JPMorgan Chase & Co. (JPM) fell by 0.41% to $185.29, and Wells Fargo & Co. (WFC) dropped by 0.95% to $55.06.
Lower Trading Volume
Despite the slight dip, trading volume for Bank of America Corp. remained at 35.9 million shares, which is 3.7 million below its 50-day average volume of 39.6 million.
This information was generated using data from Dow Jones and FactSet, and provides valuable insights into the stock market performance of Bank of America Corp.
Market Rally Update
Powerful Blizzard Hits Sierra Nevada
Our Latest News
Marshalls Shares Slide as First-Half Performance Disappoints
Marshalls shares dropped after the company announced lower profits in the first half and a disappointing full-year outlook. Challenging market conditions, such...
Galecto Discontinues Lead Product Candidate in Chronic Lung Disease Study
Galecto has halted the development of inhaled GB0139 for IPF treatment following Phase 2b study failure. The focus now turns to severe liver diseases.
IBM Set to Benefit from AI Boom with Strong Performance
IBM is expected to capitalize on the AI boom with strong performance, as shares surge and revenue is projected to increase. Analysts have upgraded their ratings...