Bank of America Corp. stock falls Tuesday, underperforms market

© Terrence Horan

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Shares of Bank of America Corp. dropped 0.16% to $37.70 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $12.41 short of its 52-week high ($50.11), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. fell 0.72% to $132.94, Citigroup Inc. rose 0.02% to $49.03, and Wells Fargo & Co. fell 0.34% to $46.71. Trading volume (46.0 M) eclipsed its 50-day average volume of 42.8 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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