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Aug. 10, 2022, 4:32 p.m. EDT

Bank of America Corp. stock outperforms market on strong trading day

MarketWatch Automation

Shares of Bank of America Corp. (NYS:BAC) rallied 3.39% to $35.07 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 2.13% to 4,210.24 and the Dow Jones Industrial Average (DOW:DJIA) rising 1.63% to 33,309.51. This was the stock's second consecutive day of gains. Bank of America Corp. closed $15.04 short of its 52-week high ($50.11), which the company reached on February 10th.

The stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (NYS:JPM) rose 2.61% to $118.39, Citigroup Inc. (NYS:C) rose 2.11% to $53.19, and Wells Fargo & Co. (NYS:WFC) rose 2.14% to $44.33. Trading volume (60.2 M) eclipsed its 50-day average volume of 43.3 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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