Stock Market Today, Feb. 24: Bank of America Slips as Economic Uncertainty Pressures Big Banks
Bank of America (NYSE:BAC), a global financial-services provider, closed Tuesday at $50.41, down 1.29%. The stock slipped as investors continued to react to recent tariff-related pressure on bank shares and weighed coverage noting its underperformance versus the S&P 500 over the past year. The company’s trading volume reached 52.8 million shares, which is roughly 36% above compared with its three-month average of 38.9 million shares. Bank of America went public in 1973 and has grown 989% since its IPO. Ho ...