Bank of America Corp. stock rises Friday, outperforms market

Bank of America Corp. stock rises Friday, outperforms market

Shares of Bank of America Corp. BAC, +0.45% inched 0.46% higher to $26.47 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.12% rising 0.12% to 27,931.02 and the S&P 500 Index SPX, -0.01% falling 0.02% to 3,372.85. The stock’s rise snapped a two-day losing streak. Bank of America Corp. closed $9.25 below its 52-week high ($35.72), which the company reached on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. JPM, +0.03% rose 0.04% to $102.41, Wells Fargo & Co. WFC, +1.11% rose 1.12% to $25.30, and Citigroup Inc. C, +0.07% rose 0.08% to $52.93. Trading volume (50.2 M) remained 18.0 million below its 50-day average volume of 68.1 M.

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