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Dec. 1, 2020, 4:36 p.m. EST

Bank of America Corp. stock rises Tuesday, outperforms market

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Shares of Bank of America Corp. BAC advanced 1.88% to $28.69 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.13% to 3,662.45 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. The stock's rise snapped a two-day losing streak. Bank of America Corp. closed $7.03 below its 52-week high ($35.72), which the company achieved on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM rose 1.58% to $119.74, Citigroup Inc. C rose 0.73% to $55.47, and Wells Fargo & Co. WFC rose 2.60% to $28.06. Trading volume (49.1 M) remained 10.1 million below its 50-day average volume of 59.2 M.

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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