Why Is It Moving? Looking Into Why Bank of America's Stock is Trading Higher Today

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The Price And Volume Action In Bank of America's Stock Today

Bank of America's BAC stock has been rising Thursday, up 3.17% to a price of $39.1. The stock's volume is currently 12.66 million, which is roughly 23.47% of its recent 30-day volume average of 53.94 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Shares of several banks are trading higher as bond yields rise.

Insights On Recent Price Action

The moving average price of the stock over the past 50 days was $33.87 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $38.36 and as low as $17.95.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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