Shares of Bank of America Corp. BAC slipped 0.71% to $26.73 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.40% to 3,380.35 and the Dow Jones Industrial Average DJIA rising 1.05% to 27,976.84. The stock's fall snapped an eight-day winning streak. Bank of America Corp. closed $8.99 below 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 Wednesday, as JPMorgan Chase & Co. JPM fell 0.85% to $102.94, Wells Fargo & Co. WFC fell 0.51% to $25.19, and Citigroup Inc. C fell 0.76% to $53.35. Trading volume (61.7 M) remained 7.7 million below its 50-day average volume of 69.4 M.
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