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.

Premarket

Last Trade
Delayed
$36.53
0.03 (0.08%)
Bid
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B/A Size
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Market Hours

Closing Price
$36.50
Day's Change
0.00 (0.00%)
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
4,788

10-day average volume:
60,885,776
4,788

Plug Power stock rallies after raised billings outlook for 2021

11:41 am ET January 26, 2021 (MarketWatch)
Print

By Claudia Assis

Plug Power Inc. stock shares rallied more than 7% Tuesday, topping $70, after the hydrogen-fuel company said it raised its gross billings estimates for this year.

Plug Power (PLUG) said it raised its guidance for 2021 gross billings to $475 million, from $450 million. The hydrogen-fuel company also raised 2024 gross billings target by more than 40% to $1.7 billion.

Shares of Plug Power, which makes hydrogen fuel-cell packs to power warehousing equipment such as forklifts and other products such as backup fuel-cell stationary power and backup power, have gained more than 1,730% in the past 12 months, compared with gains around 17% for the S&P 500 index.

Earlier this year, the company announced an investment and partnership with a South Korean company (https://www.marketwatch.com/story/plug-power-stock-jumps-30-after-15-billion-investment-from-south-korea-2021-01-07)and a much talked-about partnership with Groupe Renault to launch a 50-50 joint venture with the French car maker. (https://www.marketwatch.com/story/plug-power-stock-rallies-to-nearly-15-year-high-after-analyst-calls-renault-deal-validating-11610478111)

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 26, 2021 11:41 ET (16:41 GMT)

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