If You Invested $5,000 in Wells Fargo in 2007, This Is How Much You Would Have Today
The large U.S. bank Wells Fargo (NYSE: WFC) has had a chaotic last couple of years. Since 2016, the bank has been dealing with the fallout of the phony-accounts scandal, in which employees at the bank opened millions of credit card and bank accounts without the consent of its customers.
Like all other banks, Wells Fargo has also had to deal with the start of the pandemic, which put most banks through the wringer.
But Wells Fargo had been a very solid-performing bank leading up to the phony-accounts scandal and has made progress recently as well. Let's take a look at how much money you would have today if you had invested in Wells Fargo on the eve of the Great Recession in 2007.
Source Fool.com
