Monday, March 19, 2012

Bank of America stock cracks $10

Continuing its months-long surge, Bank of America stock topped $10 several times Monday, the first time the bank has crossed the threshold since Aug. 1.

It was only three months ago when the bank crossed a more negative threshold -- the $5 mark. The stock closed at $4.98 that day, though it reached as low as $4.92.

The bank's stock has improved nearly 80 percent so far in 2012. It's up 20 percent in only the past week.

The bank's stock had settled some Monday afternoon. It was up 1 percent on the day at $9.87 at 2:30 p.m.


Garth Vader said...

Translation: If you invested in Bank of America five years ago, you're ONLY DOWN EIGHTY PERCENT!!!!