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

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Actions de Bank of America Corp. BAC,
-0,70%
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,
-0,84%
fell 0.85% to $ 102.94, Wells Fargo & Co. WFC,
-0,51%
fell 0.51% to $ 25.19, and Citigroup Inc. C,
-0,76%
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.
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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.

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