Bank of America (BAC) Stock Slides Sharply, Down Nearly 5% in Midday US Trading
NEW YORK, NY – Shares of Bank of America Corp (NYSE: BAC) experienced a significant downturn during the trading session on Wednesday, April 10th. Investors saw the banking giant’s stock price fall considerably by late morning.
As of 11:56:02 AM UTC-4 (Eastern Time), Bank of America stock was trading at 1.83, or 4.93%, for the day according to market data.
The sharp drop places the stock well below its previous closing price of $37.15, as indicated on the daily chart. The intraday graph clearly shows a downward trajectory for BAC shares throughout the morning trading hours on the New York Stock Exchange (NYSE).
This movement marks a notable negative performance for the major US financial institution during Wednesday’s market activity. Market participants are observing the stock’s performance closely following this pronounced dip.
