Why Wells Fargo Stock Popped Today
Shares of Wells Fargo (NYSE: WFC) jumped Thursday after the company finally put the 2016 fake-account scandal behind it, as the Office of the Comptroller of the Currency (OCC) terminated a consent order it had issued in 2016 in response to Wells Fargo creating fake accounts in order to make sales quotas.
As of 2:30 p.m. ET, the stock was up 7.5% on the news.
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Source Fool.com
