Bank of America Corp. stock falls Tuesday, underperforms market

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Shares of Bank of America Corp.
BAC,
-2.13%
slid 2.13% to $27.98 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.58%
falling 0.58% to 4,100.60 and Dow Jones Industrial Average
DJIA,
-0.59%
falling 0.59% to 33,402.38. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $12.78 short of its 52-week high ($40.76), which the company reached on April 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
JPM,
-1.34%
fell 1.34% to $128.42 and Wells Fargo & Co.
WFC,
-2.41%
fell 2.41% to $36.81. Trading volume (55.9 M) remained 3.0 million below its 50-day average volume of 58.9 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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