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Bank of America Corp. stock rises Thursday, still underperforms market

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© Terrence Horan

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Shares of Bank of America Corp. inched 0.10% higher to $41.02 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,536.95 and the Dow Jones Industrial Average rising 0.37% to 35,443.82. This was the stock’s second consecutive day of losses. Bank of America Corp. closed $2.47 short of its 52-week high ($43.49), which the company achieved on June 3rd.

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The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. rose 0.46% to $160.46, Citigroup Inc. rose 0.27% to $71.50, and Wells Fargo & Co. rose 2.58% to $44.57. Trading volume (44.5 M) remained 1.5 million below its 50-day average volume of 46.1 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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