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Bank of America Corp. stock outperforms competitors on strong trading day

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Terrence Horan

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Shares of Bank of America Corp. BAC, +1.31% rallied 4.47% to $45.07 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. The stock's rise snapped a three-day losing streak. Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $44.87, which the company achieved on October 7th.

The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. JPM, +1.35% rose 1.53% to $163.47, Citigroup Inc. C, +0.08% rose 0.77% to $70.80, and Wells Fargo & Co. WFC, -0.36% fell 1.61% to $45.31. Trading volume (81.7 M) eclipsed its 50-day average volume of 45.6 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.