Shares of Bank of America Corp. /zigman2/quotes/200894270/composite BAC +0.64% rallied 2.88% to $46.37 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.17% rising 0.75% to 4,471.37 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.87% rising 1.09% to 35,294.76. This was the stock's second consecutive day of gains. Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $45.10, which the company reached on October 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. /zigman2/quotes/205971034/composite JPM +1.18% rose 1.92% to $166.61, Citigroup Inc. /zigman2/quotes/207741460/composite C -0.38% rose 2.10% to $72.29, and Wells Fargo & Co. /zigman2/quotes/203790192/composite WFC +2.22% rose 6.78% to $48.38. Trading volume (63.9 M) eclipsed its 50-day average volume of 46.6 M.