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

Shares of Bank of America Corp.
BAC,
+0.31%
inched 0.31% higher to $25.55 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.43%
falling 1.43% to 4,186.77 and Dow Jones Industrial Average
DJIA,
-0.32%
falling 0.32% to 33,035.93.

The stock’s rise snapped a five-day losing streak.

Bank of America Corp. closed $13.05 short of its 52-week high ($38.60), which the company achieved on November 11th.

The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co.
JPM,
-0.55%
fell 0.55% to $140.40 and Wells Fargo & Co.
WFC,
-0.64%
fell 0.64% to $39.03.

Trading volume (45.2 M) eclipsed its 50-day average volume of 44.3 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.

Read the full article here