Shares of Bank of America Corp. BAC advanced 1.36% to $26.92 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.80% to 3,333.69 and Dow Jones Industrial Average DJIA falling 0.38% to 27,686.91. This was the stock's eighth consecutive day of gains. Bank of America Corp. closed $8.80 below its 52-week high ($35.72), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM rose 3.16% to $103.82, Wells Fargo & Co. WFC rose 2.51% to $25.32, and Citigroup Inc. C rose 1.70% to $53.76. Trading volume (80.6 M) eclipsed its 50-day average volume of 69.2 M.
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