Friday, May 25, 2012

BofA stock has first up week in two months

Bank of America's stock finished this week up 2 percent -- the first positive week after eight straight weekly declines.

The Charlotte bank closed Friday at $7.15, up a penny on the day. After jumping more than 60 percent at the beginning of the year, it began a steady decline in March that took it from $10 to a bottom of $6.89 last week.