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Why Bank of America's Stock Price Tumbled 13.4% in April


Bank of America (NYSE: BAC) was not immune to the stock market sell-off in April as its stock price dropped 13.4% in the month, according to data provided by S&P Global Market Intelligence.

The megabank trailed the S&P 500, which was down 8.8% in April, and was roughly on par with the Nasdaq, which was down 13.3% for the month. Bank of America is down about 16% year to date as of May 3.

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Source Fool.com

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