Bank of America Corp. stock rises on Tuesday, outperforms market

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Shares of Bank of America Corp. BAC,
+ 5.80%
rallied 5.81% to $ 28.98 on Tuesday, on what turned out to be a positive trading session for the stock market, with the S&P 500 SPX Index
+ 1.61%
up 1.62% to 3,635.41 and the Dow Jones Industrial Average DJIA,
+ 1.53%
up 1.54% to 30,046.24. It was the share’s second straight day of gains. Bank of America Corp. closed $ 6.74 below its 52-week high ($ 35.72), which the company hit on December 27.

The stock showed a mixed performance against some of its competitors on Tuesday, such as JPMorgan Chase & Co. JPM,
+ 4.62%
increased 4.62% to $ 123.32, Citigroup Inc. C,
+ 7.05%
rose 7.05% to $ 57.06, and Wells Fargo & Co. WFC,
+ 8.78%
rose 8.78% to $ 28.61. Trade volume (79.6 M) eclipsed its 50-day average volume of 60.3 Mio.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.

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