Bank of America (BAC) Taps New 52-Week Low
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The bleeding continues. Bank of America (NYSE: BAC) tapped a new 52-week low of $5.10 early Tuesday before bouncing back slightly. Shares last traded down 2.5% to $5.12.
Shares are flirting with the key $5 level. A price below that could dissuade some institutional investors from owing the shares as the price would be below their mandate.
Shares are flirting with the key $5 level. A price below that could dissuade some institutional investors from owing the shares as the price would be below their mandate.
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