Shares of Bank of America Corp. BAC inched 0.90% higher to $42.74 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.25% to 4,163.29 and Dow Jones Industrial Average DJIA falling 0.16% to 34,327.79. This was the stock's third consecutive day of gains. Bank of America Corp. closed $0.20 below its 52-week high ($42.94), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM rose 0.40% to $164.67, Citigroup Inc. C rose 1.12% to $77.42, and Wells Fargo & Co. WFC rose 2.00% to $47.90. Trading volume (32.6 M) remained 17.4 million below its 50-day average volume of 50.0 M.