This post was originally published on this site
Despite the overall market uptick, Bank of America’s stock performance fell short when compared with some of its competitors. JPMorgan Chase & Co. (NYSE:JPM)’s shares rose by 1.94% to $149.25 on Thursday, while Wells Fargo & Co.’s stock increased by 1.89% to $43.05, outpacing the gains made by Bank of America Corp.
The closing price for Bank of America Corp. was $9.40 lower than its 52-week high of $38.60, a peak the company reached on November 11th, 2022.
In terms of trading volume, Bank of America Corp.’s figures exceeded its 50-day average volume with the day’s trading activity recorded at 44.3 million shares compared to an average volume over the past 50 days of 41.2 million shares.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
