Bank of America Corp. stock falls Monday, underperforms market

Shares of Bank of America Corp.
BAC,
-0.03%
slumped 0.03% to $28.59 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.37%
rising 0.37% to 4,124.51 and the Dow Jones Industrial Average
DJIA,
+0.98%
rising 0.98% to 33,601.15. Bank of America Corp. closed $12.55 below its 52-week high ($41.14), which the company reached on April 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co.
JPM,
-0.12%
fell 0.12% to $130.16 and Wells Fargo & Co.
WFC,
+0.91%
rose 0.91% to $37.72. Trading volume (51.8 M) remained 7.0 million below its 50-day average volume of 58.8 M.