Investing
Bank of America shares extend losses for the sixth consecutive day
© Reuters.
Following a challenging trading session on Friday, Bank of America Corp (NYSE:).’s share price continued its downward trend, marking the sixth consecutive day of losses. The banking giant’s shares decreased by 1.46%, closing at $27.64.
The bearish trend in Bank of America’s stock performance coincides with a broader market downturn. On Friday, the SPX fell by 0.23% to settle at 4,320.06 points, while the DJIA also declined by 0.31%, closing at 33,963.84 points.
This recent series of declines for Bank of America Corp. indicates a challenging period for the company’s stock performance amidst an overall gloomy trading session.
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