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Oct. 27, 2020, 6:29 p.m. EDT

Bank of America Corp. stock falls Tuesday, underperforms market

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Shares of Bank of America Corp. BAC slipped 2.81% to $23.85 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,390.68 and Dow Jones Industrial Average DJIA falling 0.80% to 27,463.19. This was the stock's second consecutive day of losses. Bank of America Corp. closed $11.87 short of 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 fell 1.89% to $99.33, Citigroup Inc. C fell 3.19% to $41.88, and Wells Fargo & Co. WFC fell 3.88% to $21.82. Trading volume (54.9 M) remained 2.9 million below its 50-day average volume of 57.8 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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