Bank of America Corp. (BAC) shares fell 0.89% to $40.14 on Thursday, which was a bad day for trading on the stock market as a whole. The S&P 500 Index (SPX) fell 0.30% to 5,503.41, and the Dow Jones Industrial Average (DJIA) fell 0.54% to 40,755.75.
The stock had lost money for three days in a row.
Bank of America Corp. ended the day $4.30 less than its 52-week high of $44.44, which it hit on July 17th.
On Thursday, the company did not do as well as some of its competitors. For example, JPMorgan Chase & Co. JPM -0.78% dropped 0.78% to $217.63, and Wells Fargo & Co. WFC -2.17% dropped 2.17% to $56.86.
The number of trades (33.5 M) stayed 6.6 million below its 50-day average of 40.1 M.