Shares of Bank of America Corp.
inched 0.56% higher to $41.62 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. This was the stock’s second consecutive day of gains. Bank of America Corp. closed $1.87 below its 52-week high ($43.49), which the company achieved on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co.
rose 0.70% to $156.27, Citigroup Inc.
fell 3.20% to $71.46, and Wells Fargo & Co.
rose 0.24% to $45.57. Trading volume (63.6 M) eclipsed its 50-day average volume of 42.3 M.
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