Shares of Bank of America Corp. inched 0.05% higher to $44.24 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.41% to 4,363.55 and the Dow Jones Industrial Average rising 0.30% to 34,416.99. This was the stock’s fourth consecutive day of gains. Bank of America Corp. closed $0.51 below its 52-week high ($44.75), which the company reached on October 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. rose 0.21% to $169.02, Citigroup Inc. fell 0.15% to $72.42, and Wells Fargo & Co. fell 0.19% to $47.87. Trading volume (46.8 M) eclipsed its 50-day average volume of 45.9 M.