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Bank of America shares extend losses for the sixth consecutive day

Following a challenging trading session on Friday, Bank of America Corp (NYSE:BAC).'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 S&P 500 Index SPX fell by 0.23% to settle at 4,320.06 points, while the Dow Jones Industrial Average 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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.