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
Source: Fool.com
Bank of America Corp. Stock
€36.56
-1.250%
Our community is currently high on Bank of America Corp. with 29 Buy predictions and 5 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 14.9% compared to the current price of 36.56 € for Bank of America Corp..
