Bank of America Corp. stock outperforms market on strong trading day

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© Terrence Horan

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Shares of Bank of America Corp. BAC rallied 1.77% to $38.99 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.32% to 3,958.55 and Dow Jones Industrial Average DJIA falling 0.31% to 33,066.96. Bank of America Corp. closed $0.98 below its 52-week high ($39.97), which the company achieved on March 18th.

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The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM rose 1.18% to $154.48, Citigroup Inc. C rose 1.93% to $72.96, and Wells Fargo & Co. WFC rose 2.47% to $39.39. Trading volume (56.5 M) eclipsed its 50-day average volume of 54.3 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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