Bank of America adds a profit miss to the misery of a $1.2 billion government fine
Summary
Bank of America shares dropped following a disappointing financial report that revealed lower profits than expected. This downward trend for the stock was further intensified by a massive government fine totaling over one billion dollars.
Bank of America’s stock falls as investor disappointment over the $1.2 billion government fine added to the bank’s downbeat earnings report.
Source: Read the full story at MarketWatch.com - Top Stories
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