Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Bank of America Corp.’s stock BAC, +1.83% was up 1.7% in recent trades, adding to its gains from the previous session. With a 3.77% rise since Monday, it’s the best two-day stretch for the stock since its 7.
24% gain in the two days ending July 19, according to Dow Jones Market Data. Bank of America stock has now risen four of the past five days. The stock is down 4.6% in October, which is on pace for the worst month since August, when it fell 10.4%. The stock is down 21.14% so far in 2023, compared to a 9.1% drop by the S&P 500 SPX, +0.50%.
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