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Bank of America Corp. stock rises Monday, outperforms market

Shares of Bank of America Corp.

rose 6.06% to $33.62 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index

rising 2.65% to 3,677.95 and the Dow Jones Industrial Average

rising 1.86% to 30,185.82. This was the stock’s fourth consecutive day of gains. Bank of America Corp. closed $16.49 short of its 52-week high ($50.11), which the company achieved on February 10th.

The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co.

rose 4.20% to $115.86, Citigroup Inc.

rose 0.83% to $43.59, and Wells Fargo & Co.

rose 1.83% to $43.96. Trading volume (87.2 M) eclipsed its 50-day average volume of 40.2 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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