News
Bank Of America Stock Falls 20 Percent After $10 Billion Lawsuit Bank of America, the country's largest banks by assets, has seen the value of its
stock decline by 54 percent since the start of 2011. Last month, BofA reported losses of $8.8 billion in the second quarter, its worst quarterly earnings report ever.
... read moreBofA Leads Stock Prices Lower Over the past three years,
Bank of America's stock has fallen 80 percent to $6.51 from $32.25. The KBW Bank Index has fallen 46 percent, to $36.99 from $68.31. According to SNL Financial, there are only six other days in Bank of America's history where
... read moreInvestors Focus On Defensive Sectors As US Stock Volume Soars Bank of America Corp. (BAC) shares fell 17% on Monday to $6.75. The
stock is down 30% this month alone and 49% for the year. Genworth Financial Inc. (GNW) is also one of the biggest declining financial stocks, down 30% in August and 56% in 2011.
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