Bank of America (BAC) Slumps Following Moody's Downgrade
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Price: $63.05 +0.72%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: +11.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2%
Revenue Growth %: +11.6%
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Bank of America (NYSE: BAC) shares fell as much as 4.1 percent as Moody's downgraded it's ratings: Baa1 from A2 for long-term senior debt and to Prime-2 from Prime-1 for short-term debt.
BofA is currently trading about 3.8 percent lower, early Wednesday afternoon.
BofA is currently trading about 3.8 percent lower, early Wednesday afternoon.
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