Why bac stock is down
Gold Oil Visit Market Data Center. Latest News All Times Eastern scroll up scroll down. Search Ticker. BAC U. Last Updated: Nov 11, p. EST Delayed quote. After Hours Volume: Volume: Customize MarketWatch Have Watchlists?
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While Bank of America stock price is still nowhere near the levels it reached before the financial crisis of , Bank of America stock price has still been a steady growth prospect for investors since it first took its current form in The bank can trace its history all the way back more than years to the Bank of Italy, which expanded to America in BAC stock price was relatively flat throughout the s, but the thriving economic period in the s would bring Bank of America and BAC stock price to the forefront of Wall Street finance.
For years, Bank of America wanted to live up to its name and become the biggest bank in the country. In , it achieved that goal, when NationsBank the only bank it was trailing bought Bank of America but kept the name post-merger. It is important to note that stock price data before the merger reflect historical prices of NationsBank.
As the housing market soared in the first years of the 21st century, so too did Bank of America stock price. Bank of America CEO and President Brian Moynihan has helmed the company since the beginning of when the bank also announced it had paid off its final obligations remaining from the Wall Street bailout known as Troubled Assets Relief Program.
Bank of America Corp. Stock , BAC