Shares of Bank of America Corp. BAC shed 1.42% to $26.35 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA falling 0.29% to 27,896.72. This was the stock's second consecutive day of losses. Bank of America Corp. closed $9.37 short of its 52-week high ($35.72), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM fell 0.55% to $102.37, Wells Fargo & Co. WFC fell 0.67% to $25.02, and Citigroup Inc. C fell 0.86% to $52.89. Trading volume (55.7 M) remained 13.2 million below its 50-day average volume of 68.9 M.
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