News
Timothy A. Price
- October 05, 2023
Bank of America Corp. (Ticker: BAC) experienced a slight uptick in its stock value on Thursday, increasing 0.46% to reach $26.06. The day proved to be challenging for the overall stock market, with both the S&P 500 Index (Ticker: SPX) and the Dow Jones Industrial Average (Ticker: DJIA) facing declines of 0.13% and 0.03%, respectively.
This marks the second consecutive day of gains for Bank of America's stocks. However, it is essential to note that the company's current stock price stands $12.54 below its 52-week high of $38.60, which was achieved on November 11th.
In comparison to some of its competitors, Bank of America's performance was mixed on Thursday. JPMorgan Chase & Co. (Ticker: JPM) saw a modest increase of 0.42% to reach $142.90, while Wells Fargo & Co. (Ticker: WFC) recorded a slightly higher rise of 0.85% with a stock value of $39.30.
The trading volume for Bank of America Corp. reached 48.5 million shares, surpassing its 50-day average volume of 38.1 million shares.
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