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Over time, the occasional crisis or recession has dragged Bank of America stock down. In the chart below, you can see that Bank of America's 2008-2009 crash wiped out decades of investment returns.
With a $364 billion market cap and an asset base (as of Sept. 30) that totals a gargantuan $3.3 trillion, Bank of America (NYSE: BAC) is a leader in the financial services industry. Does this ...
Tesla stock slipped on Tuesday after Bank of America said it sees shares fairly priced, with some risk to the downside. Bank of America downgrades Tesla stock, raises price target saying ...
The bank also disclosed it tried to abandon the deal in December after the extent of Merrill's trading losses surfaced, but was compelled to complete the merger by the U.S. government. The bank's stock price sank to $7.18, its lowest level in 17 years, after announcing earnings and the Merrill mishap.
Bank of America Corporation (NYSE:BAC) shares are climbing as the company announces a bold wage hike, driving its minimum hourly rate to $24 and edging closer to a $25 goal by 2025. “Providing a ...
Bank of America stock has increased significantly since the Federal Reserve paused its interest rate hikes. Despite this rally, the stock is still reasonably priced at 1.6 times its tangible book ...
Since early 2018, on four separate occasions, Bank of America (NYSE:BAC) stock has traded up to at least $30 per share. Each time, the BAC stock price has subsequently dropped. For its loyal ...
Bank of America (NYSE: BAC) shareholders have plenty to celebrate heading into 2025. The megabank's upcoming fourth-quarter earnings report on Jan. 16 will be an opportunity for management to ...