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.

Price
Delayed
$19.77
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
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Volume
(Light)

Today's volume of 811,593 shares is on pace to be much lighter than BAC's 10-day average volume of 121,756,197 shares.

811,593

UPDATE: Airline stocks take a dive, led by American Airlines 13% plunge

12:56 pm ET March 12, 2020 (MarketWatch)
Print

Airline stocks took a dive in premarket trading Thursday, as part of a sharp broader stock market selloff, after President Trump announced overnight (http://www.marketwatch.com/story/trump-suspends-travel-between-us-and-europe-for-30-days-to-fight-outbreak-2020-03-11) that travel to Europe was being suspended. Shares of American Airlines Group Inc. (AAL) plunged 13.5%, United Airlines Holdings Inc. (UAL) tumbled 9.8% and Delta Air Lines Inc. (DAL) dropped 9.8%. Meanwhile, futures for the Dow Jones Industrial Average tumbled 1,140 points, or 4.8%, ahead of the open. "Airline bookings have fallen off a cliff, with cancelations exceeding new bookings as travelers are afraid to fly," analyst Helane Becker at Cowen wrote in a note to clients. "As a result, we expect spring break trips to continue to be canceled, and no summer trips to be booked until the number of new cases peak." Elsewhere, shares of Southwest Airlines Co. (LUV) slid 8.6% and JetBlue Airways Corp. (JBLU) fell 7.9%. The U.S. Global Jets ETF (JETS), which was indicated down about 13%, has shed 37% over the past month through Wednesday.

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

(END) Dow Jones Newswires

March 12, 2020 12:56 ET (16:56 GMT)

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