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

Amazon stock surges to surpass Microsoft as most valuable U.S. company

4:27 pm ET January 7, 2019 (MarketWatch)
Print

Amazon.com Inc. (AMZN) shares rallied Monday to unseat Microsoft Corp. (MSFT) as the most valuable U.S. company based on market capitalization. Amazon shares surged 3.4% to close at $1,629.51 for a market cap of $796.78 billion, while shares of Microsoft ticked 0.1% higher to close at $102.06 for a market cap of $783.57 billion. Microsoft had unseated Apple Inc. (AAPL) as the most valuable U.S. company at the end of November (http://www.marketwatch.com/story/microsoft-surpasses-apple-as-most-valuable-us-company-2018-11-30). Over the past six trading days, Amazon's stock has rallied more than 11% to catapult the company from fourth place to first after tacking on $74.1 billion in market cap, according to Dow Jones data. Apple closed in fourth place at $701.99 billion following a 0.2% decline, and Alphabet Inc. (GOOGL)(GOOGL) held in third place with a cap of $745.63 billion after Monday's 0.2% decline. In Monday's broader market, the Dow Jones Industrial Average rose 0.4%, the S&P 500 index advanced 0.7%, and the tech-heavy Nasdaq Composite Index gained 0.9%.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 07, 2019 16:27 ET (21:27 GMT)

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