Shares of Bank of America Corp.
rose 6.06% to $33.62 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 2.65% to 3,677.95 and the Dow Jones Industrial Average
rising 1.86% to 30,185.82. This was the stock’s fourth consecutive day of gains. Bank of America Corp. closed $16.49 short of its 52-week high ($50.11), which the company achieved on February 10th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co.
rose 4.20% to $115.86, Citigroup Inc.
rose 0.83% to $43.59, and Wells Fargo & Co.
rose 1.83% to $43.96. Trading volume (87.2 M) eclipsed its 50-day average volume of 40.2 M.