Bank of America Stock Rises

Bank of America Corp. (BAC) made a modest gain of 0.98% on Friday, reaching $30.96 per share. This positive movement occurred during a successful trading session for the stock market as a whole. The S&P 500 Index (SPX) rose 0.41% to reach 4,604.37, while the Dow Jones Industrial Average (DJIA) saw a gain of 0.36% to reach 36,247.87.

Continuous Growth

This marks the second consecutive day of gains for Bank of America Corp., showing a promising trend for the company. However, the stock is still $6.04 below its 52-week high of $37.00, which was achieved on February 7th.

Comparison to Competitors

In comparison to some of its competitors on that day, Bank of America's stock performance was relatively underwhelming. JPMorgan Chase & Co. (JPM) experienced a stronger increase of 1.10%, reaching $158.52 per share, while Wells Fargo & Co. (WFC) saw an even greater rise of 1.54%, reaching $46.10 per share.

Trading Volume

The trading volume for Bank of America Corp. was 34.6 million shares, which falls 13.5 million shares below its 50-day average volume of 48.1 million shares.