Shares of Bank of America Corp. BAC, 0.58% slipped 1.22% to $46.91 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.07% rising 0.72% to 4,682.85 and the Dow Jones Industrial Average DJIA, 0.03% rising 0.50% to 36,100.31. The stock’s fall snapped a two-day winning streak. Bank of America Corp. closed $1.78 short of its 52-week high ($48.69), which the company achieved on November 3rd.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. JPM, 0.09% fell 0.45% to $166.86, Citigroup Inc. C, -0.56% rose 0.42% to $69.16, and Wells Fargo & Co. WFC, 0.95% rose 0.73% to $50.96. Trading volume (43.8 M) eclipsed its 50-day average volume of 43.7 M.