Is Bank of America Stock Attractive?
- Wednesday, July 29, 2020, 7:11
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Bank of America stock lost more than 49% – dropping from $36 at the end of 2019 to around $18 in late March – then spiked 34% to around $24 now. This implies it’s still 32% lower than the start of the year. There were two clear reasons for this: The Covid-19 outbreak and economic slowdown meant…