Bank of America's Plunging Stock Price Narrows Options for Chief Moynihan



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Shares of Bank of America Corporation (BAC) fell by 9.67% or $-0.79/share to $7.38. In the past year, the shares have traded as low as $8.03 and as high as $15.29. On average, 163671570 shares of BAC exchange hands on a

By Avi Salzman CLSA analyst Mike Mayo has been wary of Bank of America (BAC) for a couple of weeks now, but he's hitting the sell button hard today, and telling investors to get into Wells Fargo (WFC) instead. This is probably not a novel thought:

Here's Bank of America's ($BAC) recovery off the 2009 lows and subsequent trip in the DeLorean straight back to where it started. It's amazing to see this name with a 6 handle once again The predicate cause behind

(BAC)'s $33 billion plunge in market value over the past week has stoked concern that Chief Executive Officer Brian T. Moynihan needs to raise capital even as his options for finding it narrow by the day. The lender declined 34 percent in New York

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