Bank of America Corp. stock falls Tuesday, underperforms market – MarketWatch

Shares of Bank of America Corp. BAC, -2.02% shed 2.02% to $33.05 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.15% falling 1.15% to 3,921.05 and Dow Jones Industrial Average DJIA, -0.71% falling 0.71% to 31,761.54. Bank of America Corp. closed $17.06 below its 52-week high ($50.11), which the company reached on February 10th.

The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, -1.56% fell 1.56% to $113.42, Citigroup Inc. C, -1.46% fell 1.46% to $51.40, and Wells Fargo & Co. WFC, -1.38% fell 1.38% to $42.90. Trading volume (29.9 M) remained 17.1 million below its 50-day average volume of 47.0 M.

Original News Source Link

Leave a Comment