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Aug. 7, 2020, 4:25 p.m. EDT

Bank of America Corp. stock rises Friday, outperforms market

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Shares of Bank of America Corp. BAC rose 2.51% to $26.11 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.06% to 3,351.28 and the Dow Jones Industrial Average DJIA rising 0.17% to 27,433.48. This was the stock's sixth consecutive day of gains. Bank of America Corp. closed $9.61 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 Friday, as JPMorgan Chase & Co. JPM rose 2.20% to $99.38, Wells Fargo & Co. WFC rose 3.42% to $25.07, and Citigroup Inc. C rose 2.42% to $52.12. Trading volume (62.2 M) remained 7.9 million below its 50-day average volume of 70.1 M.

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Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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