Here’s Why Wells Fargo Is Soaring on Tuesday

The stock market was having a pretty strong day on Tuesday, with the Dow Jones Industrial Average and S&P 500 higher by 1% and 0.6%, respectively.

Wells Fargo (NYSE: WFC) was a standout, with shares higher by 6% as of 2:30 p.m. EDT. And the reason wasn't because of earnings like many other stock moves we're seeing today. Rather, Wells Fargo made a major change to its management team.

Image source: Wells Fargo.

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Source Fool.com