Shares of Bank of America Corp. (BAC) experienced a decline of 0.45% on Monday, reaching a price of $30.82. This drop came as part of a generally negative trading session for the stock market. The S&P 500 Index (SPX) fell by 0.54% to 4,569.78, while the Dow Jones Industrial Average (DJIA) saw a decrease of 0.11% to 36,204.44.
This decline in Bank of America's stock price put an end to its three-day winning streak.
The closing price of Bank of America Corp. was $6.18 lower than its 52-week high of $37.00, which was achieved on February 7th.
In comparison to some of its competitors, Bank of America Corp.'s performance was less favorable on Monday. JPMorgan Chase & Co. (JPM) rose by 0.73% to $157.99, and Wells Fargo & Co. (WFC) saw a 0.22% increase, reaching $45.12.
Despite the decline in stock price, the trading volume for Bank of America Corp. remained at 37.7 million shares, which is 10.2 million shares lower than its 50-day average volume of 47.9 million shares.
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