Bank of America Corp. (NYSE:BAC) marked a consecutive day of gains on Tuesday, standing out in a mixed market scenario. The banking giant's shares rose by 2.33% to $27.62 despite being $10.98 short of its year-high mark.
The performance of BAC overshadowed competitors such as JPMorgan and Wells Fargo. The trading volume of BAC surged to an impressive 94.7 million, significantly surpassing its average trading volume of 42.09 million as reported by InvestingPro Data.
This rise in shares marks the second straight day of gains for the bank, a noteworthy achievement given the mixed oscillations observed in the market on Tuesday. The performance of Bank of America Corp. stands as a highlight amidst these fluctuations, demonstrating a strong resilience against market volatility.
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