Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC -2.23% slipped 2.99% to $33.15 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.54% falling 1.71% to 3,789.93 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.45% falling 1.70% to 30,183.78. This was the stock's second consecutive day of losses. Bank of America Corp. closed $16.96 short of its 52-week high ($50.11), which the company achieved on February 10th.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM -1.75% fell 2.88% to $112.49, Citigroup Inc. /zigman2/quotes/207741460/composite C -2.20% fell 1.95% to $46.33, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC -0.97% fell 2.63% to $42.27. Trading volume (51.0 M) eclipsed its 50-day average volume of 38.3 M.