Shares of Bank of America Corp. inched 0.05% higher to $43.27 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,229.89 and the Dow Jones Industrial Average rising 0.52% to 34,756.39. This was the stock’s fourth consecutive day of gains. Bank of America Corp. closed $0.22 below its 52-week high ($43.49), which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. rose 0.16% to $166.44, Citigroup Inc. fell 0.18% to $79.49, and Wells Fargo & Co. rose 1.08% to $46.96. Trading volume (37.0 M) remained 7.9 million below its 50-day average volume of 44.9 M.