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.

Postmarket

Last Trade
Delayed
$30.27
0.02 (0.07%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$30.25
Day's Change
0.68 (2.30%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.28
Day's Low
29.70
Volume
(Heavy Day)
Volume:
63,986,127

10-day average volume:
44,826,912
63,986,127

Broadcom stock plunge triggers broad selloff in chips

7:37 am ET June 14, 2019 (MarketWatch)
Print

Shares of semiconductor makers suffered in broad selloff in premarket trade Friday, after Broadcom Inc.'s (AVGO) mixed fiscal second-quarter results and lowered full-year outlook raised concerns that a second-half rebound in demand (http://www.marketwatch.com/story/broadcom-slaps-down-hopes-for-a-second-half-rebound-in-chips-2019-06-13) would not occur as expected. Broadcom's stock tumbled 10.2% ahead of the open, after the company reported results late Thursday. That put the stock on track to suffer its biggest one-day drop since it plummeted 13.7% on July 12, 2018 (http://www.marketwatch.com/story/broadcoms-stock-broadsided-with-worst-day-ever-as-investors-digest-ca-offer-2018-07-12). All 22 of the PHLX Semiconductor Index's components that have traded in the premarket are losing ground, with 18 of those trading shedding more than 2%. Among the more active shares in the early going, Advanced Micro Devices Inc. (AMD) dropped 3.3%, Intel Corp. (INTC) shed 1.8%, Micron Technology Inc. (MU) fell 3.5%, Nvidia Corp. (NVDA) lost 2.8% and Qualcomm Inc. (QCOM) gave up 2.5%. The chip-sector selloff comes as futures the S&P 500 shed 0.3%.

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

(END) Dow Jones Newswires

June 14, 2019 07:37 ET (11:37 GMT)

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