Why Bank of America’s Stock Is Climbing Again on Wednesday
For the second day in a row, shares of Bank of America (NYSE: BAC) are handily outperforming the broader market. Halfway through the trading day, Bank of America's stock is up 2.1%. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) is marginally down thus far for the day.
The rally in Bank of America's stock on Wednesday comes on the heels of a similar move on Tuesday. Yesterday, shares of the nation's second-biggest bank by assets rose 3.9%. Taken together, that puts Bank of America's two-day rally at 6%, assuming its stock doesn't retreat before the end of the day.
Data source: YCharts.com. Chart by author.
Source: Fool.com
Bank of America Corp. Aktie
37,24 €
-2,58 %
Leichte Community-Bevorzugung: Bank of America Corp. mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 42 € für Bank of America Corp. weist auf ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 37.24 € hin.
