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Bank of America Corp. stock outperforms market despite losses on the day

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Shares of Bank of America Corp. sank 0.35% to $28.55 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P...

Shares of Bank of America Corp. BAC, -0.35% sank 0.35% to $28.55 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.94% falling 0.94% to 4,402.20 and Dow Jones Industrial Average DJIA, -0.22% falling 0.22% to 34,440.88.Bank of America Corp. closed $10.05 below its 52-week high , which the company achieved on November 11th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. JPM, -0.42% fell 0.42% to $148.30 and Wells Fargo & Co. WFC, -0.81% fell 0.81% to $42.87. 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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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Bank of America says now is the time to buy these three home improvement stocksAs inflation cools and home prices pick back up, home improvement spending is set to rise. These three retail stocks could be winners, says Bank of America.
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