Shares of Bank of America Corp.
rose 1.05% to $35.52 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.13% to 3,881.37 and the Dow Jones Industrial Average
rising 0.05% to 31,537.35. This was the stock’s third consecutive day of gains. Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $35.25, which the company reached on February 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
rose 0.80% to $150.61, Citigroup Inc.
rose 1.86% to $66.74, and Wells Fargo & Co.
fell 0.32% to $37.14. Trading volume (67.0 M) eclipsed its 50-day average volume of 48.9 M.