Why Bank of America's Stock Tumbled on Tuesday

It was a tough day for bank stocks, with Bank of America (NYSE: BAC) leading the way. Shares of the nation's second-biggest bank by assets fell 3.2% on Tuesday.

That exceeded the 2.3% drop of the KBW Bank Index, which tracks shares of two dozen large-cap bank stocks. It's also bigger than the 0.8% drop on the S&P 500.

Company/Index

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Source: Fool.com