Shares of Bank of America Corp. (BAC) experienced a slight decrease of 0.09% on Wednesday, settling at $33.60. This decline comes amidst an overall positive trading session for the stock market, with the S&P 500 Index (SPX) rising by 0.57% to reach 4,783.45 and the Dow Jones Industrial Average (DJIA) increasing by 0.45% to reach 37,695.73.
Continuous Decline for Bank of America Corp.
This marks the third consecutive day of losses for Bank of America Corp. The stock closed $3.40 below its 52-week high of $37.00, which was achieved on February 7th.
Mixed Performance in Comparison
When compared to some of its competitors, Bank of America Corp. displayed a mixed performance on Wednesday. JPMorgan Chase & Co. (JPM) saw a minor increase of 0.21% to settle at $171.02, while Wells Fargo & Co. (WFC) experienced a slight decrease of 0.43% to reach $49.08.
Trading Volume Remains Below Average
The trading volume for Bank of America Corp. stood at 34.7 million shares, which is 8.6 million below its 50-day average volume of 43.3 million.
