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Aug. 19, 2022, 4:32 p.m. EDT

Bank of America Corp. stock falls Friday, underperforms market

MarketWatch Automation

Shares of Bank of America Corp. (NYS:BAC) shed 2.21% to $35.48 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 1.29% to 4,228.48 and Dow Jones Industrial Average (DOW:DJIA) falling 0.86% to 33,706.74. This was the stock's third consecutive day of losses. Bank of America Corp. closed $14.63 short of its 52-week high ($50.11), which the company reached on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. (NYS:JPM) fell 2.47% to $118.63, Citigroup Inc. (NYS:C) fell 1.76% to $52.61, and Wells Fargo & Co. (NYS:WFC) fell 1.71% to $45.35. Trading volume (34.7 M) remained 7.9 million below its 50-day average volume of 42.7 M.

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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