Shares of Bank of America Corp. BAC slipped 2.94% to $24.47 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.16% to 3,281.06 and Dow Jones Industrial Average DJIA falling 1.84% to 27,147.70. This was the stock's third consecutive day of losses. Bank of America Corp. closed $11.25 short of its 52-week high ($35.72), which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM fell 3.09% to $95.31, Wells Fargo & Co. WFC fell 4.34% to $24.04, and Citigroup Inc. C fell 2.07% to $43.93. Trading volume (74.9 M) eclipsed its 50-day average volume of 58.6 M.
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