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Aug. 17, 2022, 4:32 p.m. EDT

Bank of America Corp. stock outperforms market despite losses on the day

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Shares of Bank of America Corp. (NYS:BAC) dropped 0.63% to $36.41 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 0.72% to 4,274.04 and Dow Jones Industrial Average (DOW:DJIA) falling 0.50% to 33,980.32. Bank of America Corp. closed $13.70 below its 52-week high ($50.11), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (NYS:JPM) fell 0.84% to $122.59, Citigroup Inc. (NYS:C) fell 0.78% to $53.76, and Wells Fargo & Co. (NYS:WFC) rose 0.17% to $46.14. Trading volume (26.3 M) remained 16.8 million below its 50-day average volume of 43.1 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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