Bank of America Corp
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Financials : Banks | Large Cap Value
Company 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
$28.63
0.13 (0.46%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$28.50
Day's Change
-0.63 (-2.16%)
Bid
--
Ask
--
B/A Size
--
Day's High
28.75
Day's Low
27.70
Volume
(Heavy Day)
Volume:
171,155,516

10-day average volume:
58,942,210
171,155,516

Apple on the verge of reaching $1 trillion in market cap for first time in 10 months

10:03 am ET September 11, 2019 (MarketWatch)
Print

Shares of Apple Inc. (AAPL) rallied 1.7% toward a 10-month high in morning trading Wednesday, after rising 1.2% the previous sessions on the back of the technology behemoth's iPhone launch event (http://www.marketwatch.com/story/apple-drops-price-on-new-iphone-11-undercuts-netflix-and-disney-on-streaming-2019-09-10). With the stock's recent rally, Apple is on the verge of getting back to being a trillion dollar company, something it hasn't been since Nov. 1, 2018; Apple's market capitalization is currently $995.4 billion. The stock only needs to rise another 0.5% to close at or above $221.28 for Apple's market cap to top $1 trillion, based on the latest disclosed 4.52 billion shares outstanding as of July 19. Getting back to being a trillion-dollar company would complete a recovery from a market-cap low of about $672.5 billion on Jan. 3, when the stock closed at a 21-month low of $142.19. Since then, Apple's stock has run up 55%, while the Dow Jones Industrial Average has gained 19%. Apple's market cap is still behind first-place Microsoft Corp. (MSFT) at $1.04 trillion, but is nearly $100 billion above third-place Amazon.com Inc. (AMZN) at $898.0 billion.

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

(END) Dow Jones Newswires

September 11, 2019 10:03 ET (14:03 GMT)

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