Home » News » Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Published: Oct. 12, 2023 at 4:32 p.m. ET

Shares of Bank of America Corp. BAC slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.62% to 4,349.61 and Dow Jones Industrial Average DJIA falling 0.51% to 33,631.14.

The stock’s fall snapped a six-day winning streak.

Bank of America Corp….

Shares of Bank of America Corp.

BAC

slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index

SPX

falling 0.62% to 4,349.61 and Dow Jones Industrial Average

DJIA

falling 0.51% to 33,631.14.

The stock’s fall snapped a six-day winning streak.

Bank of America Corp. closed $11.70 short of its 52-week high ($38.60), which the company reached on November 11th.

The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co.

JPM

fell 0.23% to $145.81 and Wells Fargo & Co.

WFC

rose 0.13% to $39.74.

Trading volume (42.9 M) eclipsed its 50-day average volume of 39.2 M.

Editor’s Note: This story was auto-generated by Automated Insightsan automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

2023-10-12 20:32:00


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