Bank of America Corp
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Financials : Banks | Large Cap ValueCompany profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$27.01
Day's Change
-1.17 (-4.15%)
Bid
--
Ask
--
B/A Size
--
Day's High
28.07
Day's Low
26.71
Volume
(Heavy Day)
Volume:
118,851,628

10-day average volume:
62,752,570
118,851,628

UPDATE: Amazon's stock surge knocks Apple down to 3rd on the most valuable U.S. companies list

3:18 pm ET January 2, 2019 (MarketWatch)
Print

Amazon.com Inc.'s stock (AMZN) surged 2.8% in afternoon trade Wednesday, enough to overtake Apple Inc. (AAPL) to become the second-largest U.S. company by market capitalization. Based on share counts listed in the companies' latest quarterly filings, Amazon's market cap grew to about $754.9 billion, while Apple's stock edged up 0.4% to nudge its market cap up to $751.6 billion. Amazon shares have run up 30% over the past 12 months, while Apple's stock has lost 8.1% and the Dow Jones Industrial Average has slipped 5.9%. Meanwhile, Microsoft Corp. shares (MSFT) slipped 0.1%, but the software giant held onto first place with a market cap of $779.3 billion. Google parent Alphabet Inc. (GOOGL) was still fourth, as the stock rose 0.8% to lift its market cap to $723.7 billion.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 02, 2019 15:18 ET (20:18 GMT)

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