Bank of America Corp. stock crashes on Wednesday, underperforming the market


Actions de Bank of America Corp. BAC,
slipped 0.71% to $ 26.73 on Wednesday, on what turned out to be a positive trading session for the stock market, with the S&P 500 SPX index,
+ 1,40%
up 1.40% to 3,380.35 and the Dow Jones Industrial Average DJIA,
+ 1,04%
up 1.05% to 27,976.84. The fall in the stock broke a streak of eight consecutive days. Bank of America Corp. closed $ 8.99 below its 52-week high ($ 35.72), which the company hit on December 27.

The stock showed a mixed performance against some of its rivals on Wednesday, such as JPMorgan Chase & Co. JPM,
fell 0.85% to $ 102.94, Wells Fargo & Co. WFC,
fell 0.51% to $ 25.19, and Citigroup Inc. C,
fell 0.76% to $ 53.35. Transaction volume (61.7 million) remained 7.7 million below its 50-day average volume of 69.4 million euros.
Click here to let us know what you think of this content.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.


Please enter your comment!
Please enter your name here