Bank Of America Corp. Stock Falls 6.3%, Underperforms Competitors

Dow Jones
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This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of $Bank of America Corp(BAC-N)$. slipped 6.3% to $42.67 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.2% to 5,778.15 and Dow Jones Industrial Average falling 1.6% to 42,520.99.

This was the stock's second consecutive day of losses.

Bank of America Corp. closed 11.3% below its 52-week high of $48.08, which the company achieved on November 29th.

The stock underperformed when compared to some of its competitors, as JPMorgan Chase & Co. fell 4.0% to $250.25, Wells Fargo & Co. fell 4.8% to $73.30, and $Citigroup Inc(C-N)$. fell 6.25% to $72.35.

Trading volume totaled 76.8 million, compared to the 50-day average of 34.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 04, 2025 16:34 ET (21:34 GMT)

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