Shares of Bank of America Corp. BAC, +2.00% advanced 2.00% to $34.16 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.61% rising 1.61% to 4,045.64 and the Dow Jones Industrial Average DJIA, +1.17% rising 1.17% to 33,390.97. The stock’s rise snapped a two-day losing streak. Bank of America Corp. closed $10.47 short of its 52-week high ($44.63), which the company reached on March 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. JPM, +1.84% rose 1.84% to $143.66 and Wells Fargo & Co. WFC, +2.29% rose 2.29% to $46.85. Trading volume (38.6 M) eclipsed its 50-day average volume of 35.2 M.
