Bank of America Corp. stock falls Monday, underperforms market

© Terrence Horan

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Shares of Bank of America Corp. BAC slipped 2.26% to $37.66 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.70% to 3,940.59 and the Dow Jones Industrial Average DJIA rising 0.32% to 32,731.20. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $2.31 short of its 52-week high ($39.97), which the company achieved on March 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM fell 2.69% to $150.97, Citigroup Inc. C fell 1.44% to $71.96, and Wells Fargo & Co. WFC fell 1.67% to $38.97. Trading volume (54.1 M) remained 243,008 below its 50-day average volume of 54.4 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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