Shares of Bank of America Corp.
rose 2.50% to $39.75 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.40% to 4,224.79 and the Dow Jones Industrial Average
rising 1.76% to 33,876.97. The stock’s rise snapped a two-day losing streak. Bank of America Corp. closed $3.74 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 Monday, as JPMorgan Chase & Co.
rose 1.70% to $150.43, Citigroup Inc.
rose 1.24% to $68.45, and Wells Fargo & Co.
rose 3.66% to $43.28. Trading volume (48.1 M) eclipsed its 50-day average volume of 44.6 M.